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Article: Pension Funds and Asset Managers Need to Better Connect on Tomorrow's Products.(Company overview)
- Article from:
- Business Wire
- Article date:
- September 18, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Unless there is closer dialogue and further innovation, investors may be unwilling to buy new products from their asset managers, according to a new global research study* from CREATE, a UK-based think tank, co-sponsored by Citigroup and T. Rowe Price.
Based on survey and interview responses from three hundred asset managers and pension funds in 37 countries representing US$30 trillion in assets, the study found a disconnect between the views of these two groups.
Liability driven investments, portable alpha and hedge funds were cited by over 60% of asset managers as the products best suited to meet the needs of pension funds over the next ...