jacklin

There may be a shift to relaxing constraints on investment managers, through rising use of absolute returns funds and global tactical asset allocation, but for the bulk of assets under management constraints remain. A recent paper by Charles Jacklin, president of Mellon Capital, shows how constraints on managers lead to inefficient investment outcomes.

There may be a shift to relaxing constraints on investment managers, through rising use of absolute returns funds and global tactical asset allocation, but for the bulk of assets under management constraints remain. A recent paper by Charles Jacklin, president of Mellon Capital, shows how constraints on managers lead to inefficient investment outcomes.