Transcription of ABSTRACT - meketagroup.com
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MEKETA INVESTMENT GROUP THE ART OF SELECTING INVESTMENT MANAGERS MEKETA INVESTMENT GROUP 100 LOWDER BROOK DRIVE SUITE 1100 WESTWOOD MA 02090 781 471 3500 fax 781 471 3411 ABSTRACT The evaluation and selection of investment managers is both an art and a science. The process entails both qualitative and quantitative analysis, and it is the qualitative aspects we focus on in this paper. We review Meketa s framework for manager analysis and discuss how managers are evaluated and selected. We also provide insights into how portfolios are managed and highlight attributes we prefer to see incorporated in the portfolio management process. INTRODUCTION Manager analysis requires a mosaic approach in which different pieces of information are thoughtfully assembled in order to develop a clear picture of a manager s capabilities. Quantitative analysis is a critical part of the analytical process, but it is, by definition, backward looking.
MEKETA INVESTMENT GROUP THE ART OF SELECTING INVESTMENT MANAGERS 3 Focus The first step in our analysis of a manager is an examination of the firm’s organization. We ...
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Structural Investigation of the Relationship, Structural Investigation of the Relationship between, Employee Turnover, Identification of Variables Affecting Employee, Onboarding New Employees: Maximizing Success, Supply Chain, Relationship between Strategic Human Resource, Role of Human Resource Information Systems, Business case for emotional intelligence, Combined State Plan Operational Elements, Combined State Plan – Operational Elements Writing Assignment