Question: What is a reason many retail portfolio managers outsource decision-making to third-party money managers? Review Later All portfolio managers utilize an internally built model as
What is a reason many retail portfolio managers outsource decision-making to third-party money managers? Review Later All portfolio managers utilize an internally built model as it is built specifically for your clients. Developing investment models in-house is often expensive, difficult, and time-consuming for portfolio managers. It is always cost-effective to outsource compared to internally managing investment decision-making. Portfolio managers are equipped with large teams and expert analysts to research investment opportunities that allow for better investment decisions and ultimately more satisfied clients
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
