by Richard Lehman | May 8, 2019 | UpClose
Is there too much emphasis on past performance for asset manager selection and retention? What other factors should a financial advisor focus on? A recent book, “The Trust Mandate,” takes a deep dive into how institutions select investment managers and...
by Richard Lehman | Feb 13, 2019 | UpClose
Hint: It’s not the outcome. An active focus on implementing an investment strategy tends to keep managers from focusing on the potential drag on performance inherent to their investment decision process. Overcoming that drag could amount to gaining...
by Richard Lehman | Jan 9, 2019 | UpClose
Indicators flashed danger signals on stocks last quarter, prompting headlines that asked, “Is it time to worry?” What does that mean, exactly? Will lying awake nights improve investment performance? Is “worry” something we can turn on and off? And what...
by Richard Lehman | Nov 7, 2018 | UpClose
There’s more to using alternative investments than analyzing correlations and volatility. For financial advisors and their clients, sizing up perceptions and expectations of this growing investment category is a critical first step. Once the exclusive...
by Richard Lehman | Sep 12, 2018 | UpClose
For financial advisors, understanding core financial concepts such as variance, portfolio volatility, and systematic risk are one thing. Reckoning with their psychological effects on clients is another. Investment professionals are, of course,...
