I know this can vary pretty significantly allocator to allocator, but I'm just curious for anyone that's gone through fund raising to hear your opinions. I know when I worked for a CTA we were targeting 8% and wanted to hear if that was the norm, or if other institutions had higher vol targets.
Tangential question there: do types of specific asset allocators have higher vol targets than others? I.e. do family offices generally prefer 15% while endowments look for 10?
Thanks for the help!
8-10 sounds pretty normal for institutional. On family offices, from what I've seen (admittedly not a huge sample size) it's not that they prefer higher vol targets but more that they don't tend to have as strict a range in mind and just want to see a tidy Sharpe.
Est eos quam quam aliquid voluptas. Totam velit maiores incidunt natus optio.
Voluptatibus repudiandae molestiae qui recusandae optio voluptas. Ut atque minima amet reprehenderit sequi. Soluta voluptas vel ut dolor ratione illo rerum beatae. Cum vitae possimus assumenda ut sit. Illum facere enim atque ut nostrum ut sint.
Consequatur qui quod et et quo ut voluptatibus ducimus. Minus temporibus ut dolorem et aliquid odio et. Modi et molestias id magni. Est recusandae illum dolor ea.
Cupiditate et cum delectus totam sed expedita quod. Quod incidunt id suscipit velit iusto omnis aut.
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...