A survey by consultant William M. Mercer finds increasing interest among multinational corporations in global co-ordination of their pension fund investments.
The survey found 53 per cent of respondents exercised corporate involvement in, or co-ordination of, local fund investment decisions.
The main areas expected to benefit from more global involvement are funding policies, investment strategy and performance monitoring.
About 93 per cent of respondents expected to be involved in co-ordination of performance monitoring in the next two years, with 91 per cent citing funding policy and 87 per cent investment strategies.
Robert Baker, European partner with Mercer, said: 'There is clearly a growing interest in global co-ordination, with activity levels due to rise sharply in the next few years.'
There are number of benefits that can accrue from global co-ordination of pension fund investments.
'Certainly, multinationals can gain significant benefits from co-ordinating their investment policies and manager selection.
