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The Aggregate Exposure Manager

September 2007
Our industry is experiencing an unprecedented onrush of new investment products and strategies. As a result, portfolios are more complex than ever. It's important to keep up, as there is an increasingly visible cost associated with the delay between identifying a strategy and getting it into the portfolio. To win in the years ahead, it is necessary to be more efficient and quicker to act than in the past.
This paper explores the new environment and suggests a role for an entirely new type of manager whose responsibility is squarely focused on the efficient implementation of the newer strategies being added to portfolios today.
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