Portfolio Management:
Investment Analysis Overview

Each portfolio is customized. We analyze investment portfolios along two dimensions: efficacy and adequacy. Efficacy means creating portfolios that have the highest possible expected return for a given level of risk. Adequacy means examining the risk/return characteristics of a portfolio in light of the investor's financial objectives and risk tolerance. In assessing both factors, many variables are considered.

Based on an understanding of investment goals, risk tolerance, and time horizon, a strategic allocation is recommended that should meet the client's overall investment objectives

Portfolio Management: Investment Analysis
Liquidity

All investment portfolio allocation decisions start with the element of liquidity. This does not include just the spending liquidity needs of the client, but also the ability for the portfolio to build liquidity during periods of stress and market disruption.

Portfolio Management: Investment Analysis
Public vs. Private

In portfolio construction, special attention is given to the integration of both public and private investment opportunities. In certain market environments, the relaxation of overall liquidity constraints coupled with specific private investments can offer unique return opportunities and additional risk diversification.

Portfolio Management: Investment Analysis
Active vs. Passive

Specific market environments will support the utilization of passive indexing. However, during periods of high volatility, the use of active management and/or hedged solutions may be preferred.