Litman Gregory Offers Exposure to High-Conviction Managers

(Daily Alts) Insomnia is often the curse of entrepreneurs, and Litman Gregory co-founder Ken Gregory isn’t one of the lucky ones immune to the affliction. But of course, genius has its benefits. One fateful night, Mr. Gregory was awakened from his slumber by the idea that has gone on to define his firm: Why not use several high-quality managers as subadvisors, each managing a concentrated portfolio of high-conviction picks, within a single fund?

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