One of the recommendations made by Paul Myners in his review of institutional investment was that the advice provided by investment consultants should be monitored and assessed on a regular basis. Hymans Robertson fully supports this principle. This document represents our ongoing response to this issue, helping clients to assess the success of our advice in manager research and selection.

We acknowledge that individual clients will ultimately assess our manager research capabilities based on the performance of managers we help them to appoint, together with the advice they receive. We hope this analysis gives our clients an overall picture of where we are adding value.

The results of our analysis demonstrate the effectiveness of our manager research recommendations across a number of mandates.