By Ruth Alexander Multinational pension funds need to adopt a more global approach but most are ove...
By Ruth Alexander Multinational pension funds need to adopt a more global approach but most are overly restricted to their domestic market by inconsistent investment measures, according to Watson Wyatt. The pension consultant said these pension schemes need to define manager structures according to simple, globally consistent measures in order to provide a consistent investment strategy for all pension plans. Chris Ford, a senior investment consultant at Watson Wyatt, New York, said two obstacles in particular stand in the way of moving towards a global approach: differences in governanc...
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