Manager Searches

Segal Rogerscasey Canada’s Alpha Research Group conducts extensive reviews of investment managers to determine the strengths and weaknesses of the managers relative to well-regarded competitors. In some cases, the group will determine managers’ continuing fit within the client’s program. Once we have identified the need to add or replace a manager based upon the client’s goals and objectives, we access our proprietary Manager Research & Ranking (MR2) database to conduct a thorough search and selection which includes:

  • Identifying candidate managers from our comprehensive database and client recommendations
  • Assisting clients in rigorously evaluating each candidate’s qualitative and quantitative merits
  • Providing detailed reasons for our recommendations
  • Implementing managers within client portfolios and continuously monitoring performance

Our research analysts rely on MR2 in their evaluation of investment strategies. We institutionalized MR2 to ensure consistency in manager evaluation across asset classes and research analysts. It also forms the foundation of our manager research process. MR2 defines 50 success and risk factors within 10 categories. Four of these categories relate to the firm’s organization and six to the investment process.

Each manager/fund is evaluated and scored based on the following factors:

  • Business Management
  • Business Risk Management
  • Collecting and Refining Information
  • Investment Philosophy
  • Investment Process
  • Organizational Issue
  • Organizational Structure/Culture
  • People
  • Portfolio Construction
  • Stability
  • Trading
  • Validation

We then rely on the following four ratings to express our views on investment strategies:

  • Buy
  • Qualified
  • Not Qualified
  • Sell

Segal Rogerscasey Canada will recommend Buy and upper-tier Qualified-rated managers to all clients.

Finally, we quantify and measure the effectiveness of our manager selection skill by tracking the performance of our Buy-rated or highest conviction managers across 24 distinct investment peer groups and compare their results to appropriate benchmarks each quarter.

The Segal Rogerscasey Canada Difference

  • A systematic and consistent framework for comprehensively evaluating and rating managers as well as ranking their potential to add value to a client portfolio by producing superior risk-adjusted returns
  • Extensive coverage of traditional and non-traditional asset class strategies (including opportunistic investments) that provides an expanded universe of fully-evaluated investment options that are available to clients on a timely basis
  • “Real time” manager ratings reflective of current opinions and continuous manager monitoring to keep evaluations up-to-date
  • The ability to apply our best research ideas through the implementation of investable programs and solutions that are tailored to accommodate individual client portfolio objectives
  • A seasoned research team that brings a “practitioner’s perspective” to the advice we provide and keeps a steady hand when helping clients navigate turbulent and uncertain markets