Resources
Mar 5 2014
Defending ERISA Fiduciaries Against Claims of Failure to Diversify in a World of Multi-Manager Investments | Employee Benefits
Author(s): Jonathan Cerrito
Tags: Albany Law | Diversification of Investments | Employee Benefit Plans | Employee Benefits | Employment Law | ERISA | Investment Managers | Lawyers | Legal Counsel | Litigation Law | Multi-manager Investments | New York Law | Plan Assets | Syracuse Lawyers
Although they are generally lauded for increasing diversification of investments, investment managers and employee benefit plans need to be aware of the potential for “overlapping” and its impact in situations where “plan assets” are invested in multi-manager investments and, in particular, fund of funds (“FoF” or “FoFs”) investment strategies.
