Whitepaper
Completion Portfolio Management: Using Completion Overlays and Sleeves to Help Enhance Portfolio Flexibility
May 15, 2023
Fund sponsors can spend significant resources developing an asset allocation framework to meet their goals and objectives. Typically included in this framework is a governance structure and management process for maintaining the desired asset allocation, selecting investment managers, and regularly monitoring portfolio performance and risks relative to those objectives. However, real-world constraints on capital and resources can make managing these competing interests difficult. A completion manager may help relieve some of these concerns through improved monitoring, analytics, and exposure management, which can help loosen these constraints and enhance portfolio flexibility.
