Investment Manager Selection

Defining the investment manager universe is a process that:

Incorrect. A hybrid strategy of multiple approaches is more typically recommended and used.

Definitely not. The goal is to *narrow* the set of managers down to the most appropriate choice.

Exactly! This determination of suitability and style is first in the process. Following this, the goal is to narrow this subset through a hybrid strategy of multiple approaches in order to identify the most appropriate manager for the portfolio.

requires a single approach.

starts small with a goal of broadening the manager set.

begins with a subset of managers appropriate for the portfolio's needs.