Know Thy Competitors

In This Issue: Uses and Abuses | A New War Story | Rework Competitor intelligence can confer a decisive advantage in winning business—or it can prove to be a foundation for indecision and mediocrity. This issue of Excess Returns explores the uses and abuses of...

What Clients Want

In This Issue: Too Little Too Late | It Matters | A Field Guide Inspired client service can delay terminations due to poor investment performance—possibly long enough for performance to turn around. Yet in their client presentations investment firms make the same...

The Rewards of Discipline

In This Issue: Tillie | Special-Ops Editing | The Power of Habit Virtually all investment companies define “discipline” as a strength or even a competitive advantage. This issue of Excess Returns considers an important manifestation of discipline—being...