MONTREAL, June 27, 2013 /CNW Telbec/ - Clients have high praise for
Pavilion Global Markets Ltd. when it comes to transition management.
In an industry survey conducted by aiCIO magazine last month, clients
awarded high marks to the firm for its transparency (disclosure of
track record information) and accuracy (cost performance vs.
estimate). As a result, overall client satisfaction with Pavilion's
transition management expertise is strong.
"A successful transition is when our client's portfolio is moved
efficiently between investment mandates, whether to address a change in
investment manager or asset allocation. These survey results validate
our long-held belief that the foundation for success relies heavily on
the pre-transition planning and preparation," said Mario Choueiri, Head
of Pavilion's transition management team.
In the aiCIO survey released earlier this week, Pavilion ranked No. 1 in
cost performance vs. estimate against some of the industry's largest
transition management providers, an endorsement from clients that
Pavilion was the best at matching, on average, its pre-trade estimate.
Other high rankings included Pavilion's disclosure of track record
information, a category in which Pavilion ranked No. 2.
"Pavilion Global Markets executes its transition trades on an agency
basis," said Shauna Hewitt Lambright, Pavilion's Director of Transition
Management USA. "Our fees are fully transparent, including FX and fixed
income transitions, and clients certainly appreciate that."
On overall client satisfaction, Pavilion scored 4.45 out of possible 5.0
in a tightly grouped list of top providers. Pavilion was rated on 59
transitions, the third largest number of transitions. The survey
captured data from 285 global asset owners on the portfolio transitions
they mandated and the managers they used in 2012. Approximately 80 per
cent of the respondents represented funds with $1billion or more.
Click here for the full survey results.
Pavilion Global Markets Ltd. offers transition management services,
global macro research and securities trading to institutional
investors. With roots going back more than 40 years, Pavilion brings
industry-recognized capabilities to the table including specialized
global macro research and analysis, a top-ranked global trading desk
and state-of-the-art technology to help institutional clients worldwide
excel in the capital markets. Pavilion Global Markets, Member of CIPF
and SIPC, is a subsidiary of Pavilion Financial Corporation, an
employee-owned diversified global investment services firm that
provides leading investment expertise and implementation support to
help institutional clients and other investors preserve and enhance
SOURCE: Pavilion Global Markets
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