Industry survey reveals strong results for Pavilion’s transition management service: transparency, accuracy and overall client satisfaction highly scored

MONTREAL, June 27, 2013 – Clients have high praise for PGM Global Inc. when it comes to transition management.  In an industry survey conducted by aiCIO magazine last month, clients awarded high marks to the firm for its transparency (disclosure of track record information) and accuracy (cost performance vs. estimate).  As a result, overall client satisfaction with Pavilion’s transition management expertise is strong.

“A successful transition is when our client’s portfolio is moved efficiently between investment mandates, whether to address a change in investment manager or asset allocation.  These survey results validate our long-held belief that the foundation for success relies heavily on the pre-transition planning and preparation,” said Mario Choueiri, Head of Pavilion’s transition management team.

In the aiCIO survey released earlier this week, Pavilion ranked No. 1 in cost performance vs. estimate against some of the industry’s largest transition management providers, an endorsement from clients that Pavilion was the best at matching, on average, its pre-trade estimate.  Other high rankings included Pavilion’s disclosure of track record information, a category in which Pavilion ranked No. 2.

“PGM Global executes its transition trades on an agency basis,” said Shauna Hewitt Lambright, Pavilion’s Director of Transition Management USA.   “Our fees are fully transparent, including FX and fixed income transitions, and clients certainly appreciate that.”

On overall client satisfaction, Pavilion scored 4.45 out of possible 5.0 in a tightly grouped list of top providers.  Pavilion was rated on 59 transitions, the third largest number of transitions.  The survey captured data from 285 global asset owners on the portfolio transitions they mandated and the managers they used in 2012.  Approximately 80 per cent of the respondents represented funds with $1billion or more.

Click here for the full survey results. Click here for Pavilion’s sponsored article: “Transparency, Anonymity and Trust in Transitions”.


PGM Global Inc. offers transition management services, global macro research and securities trading to institutional investors.  With roots going back more than 40 years, Pavilion brings industry-recognized capabilities to the table including specialized global macro research and analysis, a top-ranked global trading desk and state-of-the-art technology to help institutional clients worldwide excel in the capital markets.  PGM Global, Member of CIPF and SIPC, is a subsidiary of Pavilion Financial Corporation, an employee-owned diversified global investment services firm that provides leading investment expertise and implementation support to help institutional clients and other investors preserve and enhance their assets.