Things change, but good stewardship is constant.
How to hold your managers accountable:
Monitor on a quarterly basis
Building a monitoring report with the metrics you care about — then automating it to come to you every quarter — ensures regular monitoring never falls through the cracks.
Be an interactive partner
Whether you have an in-house investment team or a consultant relationship, you’ll want to get behind quarterly performance with drill-down data that helps you interact with your managers and understand their thought processes.
Consider all types of risk
Most investors receive regular reports from managers that would alert them to investment risk, but it’s harder to know about firm, personnel or reputational risk. Having independent data for detecting multiple types of risk is a key part of holding managers accountable.
MULTI-ASSET PORTFOLIO MANAGEMENT