
Abel/Noser ranked #1 Global Transition Manager in Asset International's Chief Investment Officer's 2013 Transition Management Survey
Top Transition Management Services Recognized by Asset International's Survey
NEW YORK, July 9, 2013 /PRNewswire/ -- Abel/Noser Corp., one of the oldest and largest independent agency brokerages, has just been awarded the highest overall service rating in Asset International's Chief Investment Officer's (aiCIO) 2013 Transition Management Survey.
"Abel/Noser continues to be recognized as a leader in transition management by aiCIO and our clients," said Bill Conlin, President and CEO of Abel/Noser. "We see tremendous growth in this area and are heavily investing in infrastructure to provide our clients with best in class service through seamless transitions with measurably better executions."
The study represents data collected by aiCIO from 285 global asset owners, with approximately 80 percent of the respondents representing funds with $1 billion or more. Of these funds, 30 percent were outside of the US, and about three-quarters were traditionally defined benefit pensions. Questions from the study aimed to gain more knowledge on how much these asset owners know about transition management, while also giving them the opportunity to review their transition managers.
As transition management becomes more and more important to institutions, Abel/Noser's client-focused approach helped to set them apart in the aiCIO study. The survey results show that overall, the transition management business is growing, as people begin to both trust and appreciate the service more. Respondents feel they are growing in confidence when it comes to transition management and are seeing the value in hiring transition managers to help them to grow their business, with an increase of 16 percent gaining more understanding of the business over last year.
Abel/Noser works with over 300 asset owners, specifically, sub-advised funds, fund of funds, corporate and municipal pensions, endowments, foundations and Taft-Hartley funds.
Abel/Noser announced last month their opportunities for growth in transition management. To find out more about Abel/Noser's transition management business visit: www.abelnoser.com.
About Abel/Noser Corp.
Abel/Noser Is one of the oldest and largest independent agency brokerages providing a range of tools and services for institutional sponsors and investment managers. Abel/Noser offers comprehensive solutions and analytics throughout the pre-trade, execution and post-trade cycle, including transaction cost analysis (TCA), domestic and international commission recapture for equities and fixed income, transition management, liquidity analysis and customized algorithms. Founded in 1975 and headquartered in New York, Abel/Noser is a member of the NYSE, FINRA and SIPC.
Contacts:
Sharron Silvers / Taylor McGrann
KCSA Strategic Communications
212-896-1282 / 212-896-1253
[email protected] / [email protected]
SOURCE Abel/Noser Corp.
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