Why Is Monitoring My Portfolio Important?

In past years, our Portfolio Monitoring ProgramSM has proven its value time and time again to fund trustees. Take the case of one large pension fund. The fund trustees were unaware that anything was amiss. So were the administrator and fund counsel. While corporate executives walked away with $600 million in insider trading proceeds, the pension fund lost $35 million in participants’ pension proceeds – that’s the equivalent of thousands of workers’ pensions lost. It happened because the fund did not have a system in place to track fund losses due to fraud.

That fund is not alone. It may sound simple, but monitoring a fund is complex. Our Portfolio Monitoring ProgramSM assists trustees in doing exactly that – identifying situations where a fund has suffered losses due to fraud.