“up to the beta we want. So if we're way underweight…” — Capital Allocators – Inside the Institutional Investment Industry at 42:29
“up to the beta we want. So if we're way underweight Europe, because we didn't find much alpha in Europe, we'll add to Europe to get the beta right. If we like that beta, not always, there's a beta process and an alpha process. The firm is about alpha. The beta thing is important, but side process.”
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