Investors often find it challenging to understand why & when Portfolio Managers over- or underweight a specific asset class relative to the benchmark of the fund that they are invested in.

Portfolio Management is a form of Risk Management. Managing the level of exposure to risk assets relative to the economic & interest rate cycle is a very important function for allocators of capital to adhere to.

Read more about it here in our Monthly Newsletter :

Monthly Market & Fund Update

Summary  – September ’23