Once a client has finalized a strategic target asset mix and affirmed a comprehensive investment policy, their current investment management team should be reviewed in light of its capabilities to successfully implement the new investment plan. When evaluating the current efficacy of each existing investment manger or fund, many traditional performance evaluation tools are used (index comparisons, universe rankings, etc). Beyond this, Chartwell looks closely at the following attributes in assessing the current management team:
Performance evaluation is an ongoing process, not an event. Performance should be evaluated on a quarterly basis to ensure each manager is adding value and successfully implementing its “share” of the investment strategy. Chartwell’s performance reporting system has the capability of analyzing manager and portfolio performance many different ways. In our customized reports for clients, we review the client’s asset structure, any rebalancing requirements, provided performance attribution on individual managers, and recommendations for any changes that may be warranted. Our goal in performance evaluation is to interpret, rather than merely provided data. The interpretation turns a performance report into a valuable fund management tool, not just a piece of documentation.
In a typical client report we provide:
Regular performance review meetings take place quarterly or as needed by the client, based on staff or committee preferences.
PREVIEW SAMPLE PERFORMANCE REPORT