MULTIPLE SPECIALIST MANAGERS: DESIGNED TO DELIVER MORE CONSISTENT PERFORMANCE

We have found that identifying, hiring and managing specialist money managers helps to deliver more consistent performance.

Money managers who specialize in a particular area of a market have the experience necessary to perfect a specific investment style. They not only know where to seek opportunity but also how to anticipate favorable and unfavorable changes. This focus can produce more consistent results than using generalist managers who tend to “roam” the markets or drift from one style to another, often outside of their firm’s core competencies.

To implement our Asset Allocation strategies, we currently utilize a global network of specialist money managers whose management styles complement each other. Within each of the stock market’s four major investment styles, we use multiple managers. For example, in the Small Cap Growth sector, using multiple managers with a highly differentiated investment process can ensure diversification within the sector, helping to control risk and enhance returns.