A digital drawing of two people looking over to their right side

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.

Paul Bouchey photo

Paul Bouchey, CFA

Managing Director, Global Head of Research

More about this author
Richard Fong photo

Richard Fong, CFA

Managing Director, Investment Strategy

More about this author

More to explore