Making asset class and manager changes too frequently can diminish, not enhance, long-term results.
• Investors often make changes to their portfolios—with the best of intentions—that do not add value.
• These mistakes include reallocation of a portfolio from one asset class to another as well as switching from one manager to another within an asset class.
• Analysis through simulation shows that investors would be better off extending the industry standard three-year window for manager assessment.
Read the complete research
• Investors often make changes to their portfolios—with the best of intentions—that do not add value.
• These mistakes include reallocation of a portfolio from one asset class to another as well as switching from one manager to another within an asset class.
• Analysis through simulation shows that investors would be better off extending the industry standard three-year window for manager assessment.
Read the complete research
