The National Employment Savings Trust (Nest), the UK’s largest Grasp Belief by members, has chosen Nasdaq eVestment™ to modernise its supervisor choice and due diligence processes. The partnership represents a step change for Nest, which presently manages over £46 billion in property throughout 19 exterior fund managers.
Nest, a government-backed, outlined contribution office pension scheme, has skilled substantial development lately and the choice to implement Nasdaq eVestment’s platform aligns with Nest’s technique to reinforce its funding capabilities and streamline operations.
The Nasdaq eVestment platform is anticipated to considerably improve Nest’s asset supervisor analysis capabilities, together with environmental, social, and governance (ESG). By automating knowledge assortment and evaluation, Nest’s funding group will have the ability to allocate extra sources to essential actions akin to supervisor searches, portfolio building, and monitoring. This transition is anticipated to lead to a extra complete and systematic due diligence course of.
Aligned with Nest’s dedication to accountable investing, the Nasdaq eVestment platform will present Nest with knowledge to systematically assess managers’ ESG insurance policies, practices, and efficiency. This functionality is essential in assembly the rising demand for responsibly invested fund choices amongst pension scheme members.
Rachel Farrell, Director of Public and Non-public Markets at Nest, has been instrumental in championing the necessity for superior knowledge and analytics methods. “As our property beneath administration proceed to develop, it is essential that we have now entry to sturdy, environment friendly instruments to assist our funding decision-making course of,” mentioned Farrell.
This partnership displays a broader trade development of pension schemes leveraging expertise to reinforce their funding processes. Because the funding panorama turns into more and more data-driven, platforms akin to Nasdaq eVestment have gotten important instruments for establishments managing large-scale pension funds.
Study why greater than 1,200 institutional traders and consultants belief Nasdaq eVestment for his or her portfolio due diligence and supervisor choice wants.
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