Debating the pros and cons of externally managed assets

The session started with the panellists giving a brief presentation of where they are currently using external managers.

Erik Bennike: “I think it’s very asset class specific as to how much, why and how we use external managers. On the equity side there’s been a process of insourcing among many institutions, including ours. On the credit side it’s slightly different and overall, I think we’re very specific as to the different asset classes where we think it makes sense to manage in-house and where it makes sense to find external managers. It might seem as a one-way-street where more and more assets are being managed internally, but I don’t think that’s the case. It’s more about a continuous