In this issue of "Sub-Advisory Quarterly Trends Report," FRC examines
the following developments that are evolving in the sub-advisory business:
- Domestic fund firms selecting international sub-advisors
- Firms launching tactical asset allocation funds utilizing ETFs as underlying investments
- Opportunities within the investment-only business
This issue's Sub-Advisory Update examines fund filings and mandate
changes during the quarter and provides a statistical review of the top players in the business.