Decision Frameworks & Synergism in Investment Manager Selection

This dissertation explores the decision frameworks used by analysts to select professional money managers. It investigates factors such as consistency, validation, and biases in institutional and wealth investment decisions. The research employs qualitative methods, including interviews and surveys, to develop a taxonomy of factors influencing investment manager selection. The findings highlight differences and commonalities between institutional and wealth segments, emphasizing the role of consistency and validation in decision-making.