The investment policy document serves as the basis for evaluating and selecting the managers appropriate for the portfolio. The policy document provides the specifications for asset classes, asset mixes, styles, types of managers, standards of competence and compliance, performance standards and other criteria.
Our search process involves the design and development of a management structure to meet the client's needs. We screen manager candidates using a professional, credible universe of qualified investment managers using quantitative and qualitative data on the organization, personnel, investment philosophy, process and historical performance.
Yon-Drake makes use of several sources of information on managers including commercial databases to assist with manager data collection, compliance, screening, evaluation and reporting. In some cases, we employ questionnaires, RFP packages, and other communication materials necessary to execute a successful manager search and evaluation process for fiduciaries. From this process, we recommend a list of qualified candidates to be interviewed and/or selected.