Blog: Asset managers not acting in clients' best interests

In just over ten years writing about pensions, I have seen the fallout from the dotcom crash of early 2000, the market lows of early 2003, a recovery to the peaks of 2007, the market crash of 2008 and a gradual recovery in values since. Yet, while the way in which schemes invest assets has changed over that period, many things have also remained stubbornly the same. All too often schemes seem to play follow the leader in their investment strategies and, all too often, asset managers fail to speak out about the dangers they foresee. Hermes Fund Managers head of investment Saker Nuss...