Sub-Advisor Selection Due Diligence is Essential
Touchstone follows a diligent process when conducting a search for a new sub-advisor. Intensive evaluation leads to a selection of a sub-advisor only if the firm has demonstrated proficiency in its area of declared expertise over a sustained period of time. Specific selection criteria are developed based on the product objective and both qualitative and quantitative evaluations are performed.
We oversee each fund and each manager relative to expectations established during the selection process. A formal quantitative analysis is completed quarterly. A qualitative review in which we reassess the sub-advisor's investment capabilities and supporting infrastructure is performed at least annually.
Touchstone Funds and ETFs exist to attain defined investment goals and risk-return objectives. A rigorous sub-advisor selection methodology supported by robust oversight are designed to uphold our commitment to providing access to institutional asset managers with the goal of attaining favorable long-term results.