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Investment Strategies

Rigorous, intensive due diligence process in evaluating managers

Active Investment Strategies

Our due diligence process for managers and funds is grounded in our conviction, supported by extensive research, that skilled managers can and do deliver superior performance over the long term. An essential part of the value we provide is the multiple decades of experience we bring to bear in assessing and selecting exceptionally skilled managers. We engage in exhaustive quantitative and qualitative research aimed at uncovering those select managers with an identifiable and sustainable investing edge. Here are just a few critical elements we look for in our due diligence:

  • A clearly defined and well-articulated investment process supported by evidence of successful implementation over time.

  • A manager or team that demonstrates a high level of integrity, intellectual honesty, and a passion for investing.

  • Supportive team dynamics and a culture that insulates key investment personnel from noninvestment related responsibilities.

This rigorous process yields a select list of managers. For those we decide to invest with, our analysis is not a once-and-done exercise. We continue to closely monitor fund performance and investment decisions through regular updates with our managers, aimed at making sure they remain committed to their investment process and disciplined in its execution.

Passive Investment Strategies

As it comes to researching passive investment strategies such as index funds and exchange-traded funds (ETFs), we believe there are many important elements to selecting the correct vehicle for our portfolios. Within each asset class, there are only a small number of ETFs or index funds that we believe are suitable for investment, given asset size, liquidity, and expenses. From that narrowed list, our team then filters by quality of sponsor, index construction and methodology, tracking error, and other implicit costs to owning the investment strategy.

Contact our Research Consulting team to learn more about our investment selection process and how you can access our Recommended List of Funds.


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