PGM Global receives top marks for transition management disclosures, survey says

MONTREAL, November 12, 2014 – PGM Global has earned a No. 1 ranking from clients for its level of track record disclosure in the latest results of Chief Investment Officer’s transition management survey. Pavilion also ranked No. 2 for overall client service, client confidence in its disclosure of revenue, and pre-trade predictive quality.

“… clients seem well satisfied with the disclosure they receive from Pavilion…,” said the magazine as it published its results.

“Serious issues concerning transparency and disclosure have plagued this industry in recent years and have contributed towards the exit of some high-profile TM providers,” said Mario Choueiri, Head of Transition Management at Pavilion. “We have always worked and continue to work hard at being fully transparent in order to build and maintain a trust relationship with clients. It has always been our belief these traits are at the core and fabric of being a fiduciary, and are very pleased that this latest endorsement recognizes what we have worked so hard to achieve”.

Mr. Choueiri credits part of clients’ appreciation to the fact that all of Pavilion’s trading for transitions is done using an in-house, agency-only trading desk. “We have an un-conflicted business structure,” he says.

The 2014 transition management survey represents data collected by Chief Investment Officer from 174 global asset owners on the portfolio transitions they mandated and the managers they used in 2013. Pavilion was one of eight transition managers receiving sufficient client feedback to qualify for listing. Pavilion was rated on 27 transitions with a total value of $3.7 billion. The full results of the survey may be read here.

Please click here to view a summarized version of the survey results.

Pavilion has offered transition management services for nearly 20 years. Over the past couple of years, it has focused its expansion on the U.S. market, recently augmenting its U.S. presence with two senior professionals formerly with BNY Mellon. See news release of July 23, 2014.

Pavilion’s transition experience covers the spectrum of market capitalization in U.S., Canadian, International, and Global equities, as well as Fixed Income and Balanced mandates. These transitions involve single/multiple asset classes and investment managers, active/passive investment managers, and segregated/pooled funds.

About PGM Global Inc.
PGM Global offers securities trading, global macro research and transition management services to institutional investors. With roots going back more than 40 years, Pavilion brings industry-recognized capabilities to a broad range of clients, 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 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. For further information, visit