Following the post-2008 influx of institutional capital into alternatives, customized account structures were the solution to investors’ growing appetite for liquidity, transparency, and flexibility to manage a portfolio according to specific rules and exclusions. Today, customized solutions go beyond the ability to deliver a more liquid and transparent account structure: investors are seeking partnerships with managers who can collaborate on portfolio analysis and offer even greater flexibility to meet portfolio objectives. As investors consolidate their alternatives portfolios, reducing the number of managers they allocate to while maintaining or increasing their overall exposure to alternatives, there is an increased focus on operational efficiency and the role of strategy performance/risk characteristics in the context of an investor’s overall investment portfolio.
Join us as we explore the various implementation considerations in terms of finding the right “mix” of complementary strategies, risk management, and operational efficiency from both a manager and allocator perspective.
