Watson Wyatt makes multi-manager debut with Crédit Agricole

Watson Wyatt has followed rival investment consultants into the lucrative multi-manager business by providing Crédit Agricole Asset Management with research for multi-manager funds in Europe.

Watson Wyatt, which is the UK's largest investment consultant with a significant share of the UK institutional pension fund market, will receive fees that depend on the assets in Crédit Agricole's multi-manager funds, in addition to a fixed fee.

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