Product Overview: Private Investment Pools

A Dynamic Private Investment Pool is really blending two concepts. One is individual security selection by individual portfolio managers into the second part, a cohesive portfolio that is designed to generate particular risk adjusted characteristics. It offers clients a menu of choices. There's flexibility there and it really combines great stock pickers across multi asset classes you know multi geographies and multi styles. So there is some combination there that's hard to get pretty much anywhere else.

A lot of the groundwork is done by our portfolio management. And then what we do as a portfolio team is we try to assemble those choices in a robust framework that we think will enhance the ride for an end user over time.

It's really a combination of one part art, one part science. So when the art comes around, it's really getting to know the individual portfolio managers who contribute to these pools. And the science comes in where you say, okay, now that we know these managers and how they choose stocks, how do we blend their choices together?

You know, there are two types of clients that might that might look or be interested in these pools. One would be, for example, someone looking for a very good foundation for the beginning of portfolio construction. The other type of client is maybe someone who's missing a piece for their clients' portfolio. So it's really a flexible system that we have in place for many different types of clients.

You know, I've been in the financial industry for 25 years. My role, and my team's role in the pools process is really about looking at performance monitoring, risk monitoring and overall due diligence for the pools. We have a lot of experience behind our decisions, our choices and the way we pull portfolios together and I think, you know, over time that just strengthens.