Reply to comment

Great observation
Anonymous — POSTED April 1st, 2008 12:35AM

I've often thought that if you've decided to risk some of your funds with active management, it makes a lot of sense to split it across multiple managers (unless the fund is already huge and is internally split) to minimize individual manager risk.

If all the funds are in the same class, say, large cap value, then it hopefully shouldn't end up looking like an index. There will hopefully be overlap where the managers are all seeing the same values, etc.

Reply

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.