Every product operates within a defined decision framework.
Depending on the product, this may include:
Fully rules-based methodologies (e.g. index strategies)
Actively managed strategies with defined mandates and constraints
High-level methodology disclosures for alpha-oriented products, where full transparency could compromise competitive advantage
Regardless of disclosure depth, all products operate within predefined and documented boundaries.
Material changes to a product’s methodology are communicated prospectively.
Last updated 14 hours ago
