HOW OPERATIONAL TRANSACTION COSTS AND RISK CAN OFFSET RETURNS
Many Canadian Pension Plans have not reviewed their custodians in the past 3-5 years and may be paying too much for their services.
In a low return world, every basis point counts. This session focuses on how institutional investors can lower risk, improve services, and enhance overall net returns by better managing operational, transactional, and service provider costs and risks. We describe the potential magnitude of opportunity costs relinquished by not focusing on non-investment risks and costs, and describe a risk assessment framework for improved active management of these aspects. In addition, we will discuss getting value for money and how a focus on service and execution quality is as valuable as lower costs.