Williamson: Wellington placed managers on regulatory watchlists for unexplained outperformance
Sarah Williamson · Sarah Williamson – Focusing Capital on the Long-Term (Capital Allocators, EP.67) · Sep 3, 2018 · at 39:55
Sarah Williamson, former partner at Wellington Management and CEO of FCLT Global, explains the importance of tracking deviation from expected performance parameters.
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“So one of the things we did at Wellington years ago, I was responsible for overseeing a number of portfolios that the OCC also was responsible for looking at. And they always, of course, wanted us to put things on the watch list if they had underperformed. And we convinced them, I think we could finally convince them, that they should also put them sort of on the watch list if they had overperformed.”
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