Abstract
Multi-asset portfolio managers looking to optimize their market impact and cash utilization must carefully craft the composition of, and sequence the order by which they execute, the legs of their trade bundles. Inputs that feed this composition and sequencing are pulled from all aspects of the trade lifecycle. This differs dramatically from long-only and single-asset strategies that typically rely only on pre-trade and market-timing information. To facilitate this more complex and multi-variable trading approach, multi-asset strategy firms have tended to invest in data modeling and distribution tools that provide them an edge over their more product-aligned service partners.
- © 2008 Pageant Media Ltd
Don’t have access? Register today to begin unrestricted access to our database of research.