Diversification across asset classes is critical to any multi-asset strategy, but do asset managers and fund selectors pay enough attention to the diversity of the people making those allocation decisions?
‘It is very important that in a setting within an investment team that there is no over-arching dominant view coming from one individual,’ said Lebo Thubisi, head of manager research at Alexander Forbes. ‘That’s why during our due diligence process we spend time not just with the chief investment officer, or key individuals, but the broader investment team.’
In this short video, Thubisi and Victoria Reuvers, MD of Morningstar Investment Management South Africa, discuss how critical it is to invest with asset managers where diversity is prized, and to ensure diversity in their own teams.
Click below to watch the video.