The power of an Overlay program: 13 short case studies

Brian Causey, CFA

Senior Director, Overlay Portfolio Management

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An Overlay program is a multifaceted portfolio tool that offers a helpful set of solutions for today’s portfolio challenges. Read about these solutions.

Institutional investors face myriad challenges, and perhaps none is greater than managing the balance between achieving return objectives and controlling portfolio risk. With numerous moving parts in a portfolio, implementing changes can add coordination challenges that often result in sub-optimal investment behavior due to resourcing limitations. An Overlay program offers a helpful set of solutions for today’s portfolio challenges.

This paper includes many of the solutions offered through an Overlay program along with several abbreviated case studies designed to enhance the likelihood of meeting the challenges faced by institutional investors.

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