Many investment management clients split their assets among a number of managers. Two rationales for this approach

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Many investment management clients split their assets among a number of managers. Two rationales for this approach have been described as "diversification of judgment" and "diversification of style." Explain the meaning of these two terms.

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:57 AM

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Many investment management clients split their assets among a number of managers. Two rationales for this approach

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Diversification of judgment refers to splitting funds amo...View the full answer

Fundamentals of Investments

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