Investment Strategy | Insights Blog

The Fallacy of Manager Diversification – How “Horse Races” Can Increase, Not Reduce Risk

On the surface, hiring two (or more) multi-asset managers to manage an entire portfolio may seem like a good idea. Intuitively, it would seem to reduce manager concentration risk, and provide...
Investment Strategy | Insights Blog

Five Questions to Ask Your Advisor: Costs of Portfolio Management

Costs matter. With expectations for lower market returns over the coming years, every basis point of net performance is particularly important. Furthermore, the compounding effect of high fees can...