
What we did
- Analysed portfolios against mandates, SAA targets (asset class, duration, etc.), and the existing allocation to determine true portfolio exposure and risk
- Discussed the investment process with regional portfolio management teams for feedback on portfolio analysis, to get better insight into their investment philosophy, and to address SAA misalignments so that they can be addressed going forward to account those changes, from benchmarking standpoint
- Researched into available market indices using data from Bloomberg, or by reaching out to vendors, in order to determine an appropriate benchmark that was customised enough to more accurately reflect portfolio risks and the mandate
- Drafted benchmark proposal with supporting analysis and discussed with investment management team to finalise benchmarks for the respective mandates