CLERUS was established to help Pension Funds and other asset owners understand how they can improve their investment performance, via straightforward techniques such as measuring and analysing investment costs and activities objectively, challenging investment advice, holding service providers accountable and understanding how to reduce fees -desires common to many, but often difficult to put into practice.
As seasoned financial experts with many years of applied institutional investment experience, we are in a unique position to provide an informed and unbiased evaluation of the various investment propositions put forward to pension fund decision-makers and to help build an effective and informed governance framework that delivers value for money. We are fully independent and have no agenda to sell you manager selection advice or investment products and have no conflicts of interest to influence our recommendations.
Richard Rothwell, FSIP
T: +44 20 3356 2845
M: +44 7714 339 939
Richard has 30 years of investment management and advisory experience – he has established, overseen and invested in a wide range of funds. He was elected a Fellow of CFA Society of the UK (FSIP) for services to the industry, and served as Chairman of the CFA UK Board from 2011-2012. In 2006 Richard established Stoneware Capital LLP, an FCA-regulated investment manager, to run his own hedge fund. Prior to that he was responsible for managing the US$ 1.6Bn international equities product at Northern Trust and was also a member of the firm’s investment policy committee, creating policy for more than US$600Bn in AUM. Before joining Northern Trust, Richard was a portfolio manager and investment policy committee member with Deutsche Asset Management and prior to that he was at Hermes Investment Management. He began his career in 1985 with Arthur Andersen, becoming an audit manager in London and Singapore. Richard has various philanthropic interests, including co-founder of SHINE, one of the first UK charities to invest in hedge funds. Richard holds a Masters in Natural Sciences (Hons) from St. John’s College, Cambridge University, and is qualified with the Institute of Chartered Accountants in England & Wales. He was awarded the Wincott Foundation Prize by the Institute of Investment Management and Research, a predecessor organisation of CFA UK.
Sunil M. Chadda, MD
Cairn Consulting Limited
M: +44 7967 687 756
Sunil has 30 years’ experience in the UK Asset Management industry having worked in all segments of the industry from traditional asset management, hedge funds, funds of hedge funds, private wealth and private equity to their respective service provider markets. Sunil has built a deep understanding of the market structure and value chain and has spent the last 2 years researching and discovering pension fund and fund costs. He has recently completed a thorough review of costs and contract T&Cs for a large UK pension fund. Sunil is a firm believer in improving transparency in financial services and wants better outcomes for all market players including pension funds, pensioners, pension sponsors and the UK’s asset management industry.