Multi Manger Pod Portfolio Structure
Hi All - basic question here - work on the SM side now. Obviously, there is significant variance on SM side on how portfolios are structured - no. positions, sizing, exposures, etc. Curious within the confines of a typical MM Pod in market/factor neutral exposure level. Is portfolio structure number of positions in portfolio vs total allowable universe of names relatively consistent in terms of number names, sizing of average, max, min position size? Does it depend or PM strategy/process or is that more dictated by the funds factor constraints? Of course, this is excluding quant driven strategies. On the fundamental side, anecdotally, I have heard some very different answers of pods running relatively small concentrated book with bigger avg sizes (25-40 names, 4-8%, which seems hard with vol limits to be this big in any one name) vs other books with larger number of names on each side (30+ each side, 60-80 total) and smaller position size of 2-4% capital. What has been your experience. Thanks for thoughts.
Libero et voluptate eos culpa incidunt reprehenderit. Illum illum et omnis rerum. Explicabo ut et voluptatem modi officia.
Voluptas aut maxime mollitia rerum praesentium quis. Sit et molestias harum rerum voluptatum. Sequi vel doloremque expedita repellendus. Id qui praesentium fuga et doloremque aspernatur doloribus sint. Voluptatum molestiae rerum magnam omnis ea iure delectus. Ut fuga consequatur dolorem aut nesciunt voluptatum corrupti.
Quidem qui aut iusto a voluptatem. Autem magnam at et. Quo nostrum excepturi ut sed iusto nam omnis. Beatae et a id et quisquam officiis ea. Et ea accusamus est laboriosam aut magnam eveniet cupiditate.
At aspernatur fugiat tempora et voluptatem aut. Qui perspiciatis et autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...