Significant resources at FEG are dedicated to active manager selection. We are, however, pragmatic in our search for alpha. Active management must demonstrate the ability to add value on a risk-adjusted basis.
Our research spans a diverse range of asset classes and investment strategies, including hedge funds and private capital, and we conduct hundreds of manager meetings a year. We seek to identify managers with experienced personnel, sound investment philosophy, and a demonstrated ability to outperform. For a manager to be recommended to our clients, they must demonstrate strength in six key tenets.