Multi-manager portfolios are not easy to live with.
To reduce risk, managers are typically selected for their sector or regional expertise. But they operate independently of each other, which means someone has to manage them.
To make this process more efficient and to reduce costs, centrally managed proprietary strategies have been created, but are these innovations making the job easier?
portfolio institutional sat down with those managing multi-manager portfolios to discuss what difference such alternative strategies are making and how they should be used.