09.07.2013 - Super funds look to alternatives to cut costs
With MySuper regulations pushing superannuation funds to reduce costs, Towers Watson's latest research has found this has driven parts of the industry to seek more cost-effective investment solutions like alternatives. Based on a survey of the top 100 alternative asset managers globally over the year to December 2012, Towers Watson found that pension fund assets represent over a third (36 per cent) of total global assets under management for the asset managers surveyed, which reached $3.1 trillion in 2012...............................................Full Article: Source
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