Appendix 2

Essential management information for investors

Simple management information is a pre-requisite for taking control of investments, and it should be easy to obtain. Investment management firms routinely provide easy-to-comprehend portfolio summaries, although the format will differ from one firm to another and some will be more useful than others. However, investors who employ more than one manager need to have reliable overall snapshots that they can drill down into to see individual positions if they wish.

Some illustrative portfolio summaries are shown in Tables 14 on pages 244–7. They need to be adapted to particular situations, but they provide a general impression. Investors need to decide whether the information is best presented ...

Get Guide to Investment Strategy: How to Understand Markets, Risk, Rewards and Behaviour now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.