In this blog, Matt Gibson looks at the decision by the FCA to refer investment consultants to the Competition and Markets Authority and gives his view on who wins in the end.
As Head of the Investment team at LCP I advise many of LCP’s largest, high profile clients on how to build an effective investment strategy to meet their particular goals and objectives. My clients range from multi-billion pound FTSE 100 (or equivalent), to smaller sub-£1bn schemes of middle market or privately held businesses, and include industries such as banking, manufacturing, commercial foods, aerospace, mining, media and construction.
I believe a flexible and collaborative approach, unconstrained by industry convention, is the key to success. The strategies adopted by my clients vary considerably, reflecting their differing needs and circumstances. I have advised on everything from low risk LDI, CDI and insurance solutions, to more returns- focussed, alternative and private markets strategies.
In addition to my Investment role, I am also a member of LCP’s Executive Committee, responsible for setting and implementing LCP’s business strategy. My aim in these roles is to foster a culture of independent thought and innovation. I strongly believe this leads to the best advice, and outcomes, for each and every client.
I always learn new things from Clay, no matter what the subject.
In this blog, Clay Lambiotte looks at the hurdles for any quantitative measure of “success” in investment consultancy.
Recently published analysis from the Competition & Markets Authority (CMA), as part of a wider probe into the investment consultancy market, finds little evidence that consultants are able to consistently select outperforming managers. The findings underscore the fact that asset allocation and strategy should be prioritised over manager selection, according to pensions advisory firm LCP.28 March 2018
LCP welcomes the FCA’s Asset Management Market Study and support fully its aims to improve transparency and accountability in the industry.28 June 2017
A survey conducted by LCP has found that only one fifth of pension schemes appointing a fiduciary manager use an independent adviser to review and monitor their performance.31 August 2016
Activism can unlock value by acting as a catalyst for corporate change.
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