PT  - JOURNAL ARTICLE
AU  - Gary T. Baierl
AU  - Peng Chen
TI  - Choosing Managers and Funds
AID  - 10.3905/jpm.2000.319745
DP  - 2000 Jan 31
TA  - The Journal of Portfolio Management
PG  - 47--53
VI  - 26
IP  - 2
4099  - https://pm-research.com/content/26/2/47.short
4100  - https://pm-research.com/content/26/2/47.full
AB  - The authors describe a method for selecting portfolios of managers or mutual funds to implement a target asset allocation. The goal is to maximize alpha for each level of tracking error. This routine is designed to meet manager–imposed minimum investment requirements by using discrete optimization techniques. A step–by–step example illustrates the practical use of the methods that the authors develop.