Manish Solanki
Operational Risk Consulting Leader - Sentinel Europe
Building and maintaining an investment portfolio requires significant work across many functions. One of the most important areas is operational due diligence. Trying to gain a detailed understanding of a service provider before engagement is a multi-layered process — and a critical one. When appointing asset managers, your operational due diligence process helps you understand their investment strategies, structure, resources, policies, systems and other essentials.
When conducting due diligence reviews, our primary focus is to help you distinguish well managed asset managers and other service providers such as custodians, from those that potentially expose you to increased and unnecessary risks and costs. We can help you assess these providers and support you with risk mitigation.
A global insurer and asset manager was looking for operational due diligence support for its portfolio of more than 110 third-party asset managers.
An internal audit uncovered a need for robust operational due diligence and oversight for external asset manager relationships. This included an analysis of governance structures, corporate factors, company reputation, compliance, operations, and environmental, social and governance (ESG) capabilities. The client also wanted a risk scoring system to highlight areas of potential concern.
The operational due diligence provider needed the scale and expertise not only to handle a significant number of asset managers but also to deal with the complex nature of the client itself.
Working closely with client stakeholders, we were able to demonstrate a high level of professionalism and technical ability.
The combination of various operational due diligence products ensured the client was able to meet its timing and budgetary requirements.
Our existing database of operational due diligence reports was of significant use to the client, informing decision-making on legacy and new external manager appointments.
Our team’s robust approach to operational due diligence for all types of managers globally also set us apart.
Before you access this page, please read and accept the terms and legal notices below. You are about to enter a page intended for sophisticated, institutional investors based in the USA only.
This content is provided for informational purposes only. The information provided does not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities, or an offer, invitation or solicitation of any specific products or the investment management services of Mercer, or an offer or invitation to enter into any portfolio management mandate with Mercer.
Past performance is not an indication of future performance. If you are not able to accept these terms and conditions, please decline and do not proceed further. We reserve the right to suspend or withdraw access to any page(s) included on this website without notice at any time and Mercer accepts no liability if, for any reason, these pages are unavailable at any time or for any period.