GPIF's performance fee model could inspire Asia peers
The pension fund's assertive approach on managers has helped cut management costs, but it's yet to be emulated by its peers in Asia. However, that could change.
Japan’s Government Pension Investment Fund is paving the road for – and seeing the results of – more assertive, performance-based fees being required of asset managers.
So far there few other Asian institutional investors have followed in GPIF’s footsteps, according to advisory firm Willis Towers Watson. But ability of the world largest pension fund to demonstrate fee savings from its approach could persuade other Asian asset owners to experiment with similar fee structures.
GPI…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.