Proper Total Plan Benchmarking
Updated: Oct 20, 2022
There is no industry standard or legal guidance on how total plan performance should be benchmarked.
This dual benchmark strategy is objective, transparent and conveys valuable attribution insights not normally provided in standard investment consultant/OCIO reports.
Besides learning their true value-add, you will also eliminate the temptation to manipulate the benchmark to make performance look relatively better. Yes, benchmark manipulation happens....more often than you think.
If you would like to print this to share at your next board meeting, below is the PDF file.