How can I reduce the costs associated with trading out of one securities portfolio into another?
We recommend transition management, a specialized form of trading to reduce the costs associated with trading out of one securities portfolio into another. Transitions may be relatively straightforward, such as shifting a single portfolio from an incumbent to the target, or more complex, such as a multicountry, multicurrency changeover spanning time zones and asset classes.
Our goal is to reduce direct trading expenses (e.g. commissions, market impact) while controlling risks that can increase indirect costs.