Quarterly Letter: Evolving Partnerships to Avoid a House of Cards
Andrew Dyson describes the benefits a partner asset manager can provide to asset owners. In addition to commercial benefits, partners can offer access to intellectual capital. They can also help define opportunities and risks for asset owners in the investment decision-making process.
Partner asset managers may also level the playing field for asset owners, protecting against groupthink and offering fresh perspectives. Such partnerships are valuable for both parties, as they connect various specialist skills with broader macro or market perspectives.