The Mesirow Financial POLICE Report® is a watch list of investment options that identifies current and potential issues that arise with investment managers. The Mesirow Financial POLICE Report® should be viewed as a communication tool to plan sponsors and other interested parties to ensure that they are aware of important issues related to the investment options that they have selected. It is also an important tool to document that appropriate monitoring of the investment options is fulfilled.
Mesirow Financial's manager research team uses quantitative and qualitative analysis to develop the Mesirow Financial POLICE Report®. Each calendar quarter, we evaluate and monitor investment options with respect to the following measures:
|Performance||Evaluate performance versus their appropriate peers using PrecisionAlpha® and Morningstar Category rankings|
|Organization||Track personnel, ownership, manager, and sub-advisor changes|
|Legal Issues||Monitor litigation, settlements, and regulatory or disciplinary actions|
|Investment Policy||Identify changes to the investment strategy as well as changes in general operations|
|Consistent Style||Monitor for style inconsistencies and drift|
|Expense||Compare fees with peer group average to assess competitiveness when Performance issues occur|