Manager Search and Selection
WITH THOUSANDS OF INVESTMENT MANAGERS REGISTERED WITH THE
SECURITIES AND EXCHANGE COMMISSION, finding the manager best suited to your
fund may seem like an overwhelming task. DeMarche has conducted hundreds of
manager searches for institutional funds throughout the country, earning a
reputation as the most knowledgeable search and selection firm in the industry.
Our in-depth approach to conducting manager searches is designed to identify
highly qualified managers that are well suited to meet your plan's needs and
ensure that you are better informed..
EXPERTISE
DeMarche consultants have more than 400 years of combined experience in
portfolio management, capital market research, security analysis and investment
information system design. This investment expertise gives DeMarche an
important advantage in analyzing managers and the decision-making processes
they use. We analyze managers like managers analyze stocks. Our expertise
enables us to determine how the manager's decisions add value relative to the
normal universe of securities. Perhaps most importantly, our expertise improves
the likelihood of your manager being able to consistently provide good results
in different market environments.
ONGOING MANAGER DUE DILIGENCE
The DeMarche manager database is a comprehensive bank of information about
investment managers. The database is completely proprietary to DeMarche. The
firm generates all information about managers. We do not buy data from any
source, nor do we sell manager information to any other party. Only DeMarche
consultants have access to the database.
Our manager database contains a wide range of organizational information and
performance data on hundreds of institutional-quality managers throughout the
world. In addition to domestic equity and fixed income managers, DeMarche has a
comprehensive database of global and international managers, real estate
managers and venture capital managers. Both composite performance data
submitted by managers and audited performance data on individual accounts are
maintained in the database.
To be considered for a search, managers in our database must first undergo a
rigorous 10-phase analysis by our Manager Review Committee. The Committee,
which meets weekly, is made up of our senior consultants. The Committee's
analysis is based on detailed questionnaires and face-to-face interviews with
managers to gain a thorough understanding of the firm and its investment
process.
SEARCH PROCESS
Our due diligence work provides powerful information for the actual manager
search process, which encompasses three meetings. First, we review the
investment guidelines established in the asset mix study and establish the
characteristics of the managers to be considered in the search. The next step
is the selection of finalists based on a preliminary analysis of performance
and compliance with the required characteristics. The last meeting of the
process includes presentations by the finalists and the selection of a manager.
RESULTS
-
The "Right Manager" for Your Fund: Our experienced consultants, the
industry's most comprehensive database and style codes, and our proven
selection process enable you to identify and hire the manager best suited to
your fund.
-
Our accurate and up-to-date information enables you to make sound, supportable
decisions, leaving no room for doubt or second-guessing.
-
A Thorough Understanding of Your Manager:By the completion of the search you
will have a thorough understanding of your manager and the decision-making
process used to invest your fund's assets.
|