Transition Management

March 2026

When institutional investors add new asset classes, rebalance portfolios, or hire or terminate investment managers, assets often must be transferred from existing portfolios to new or restructured ones. These transitions may occur within an asset class, such as replacing one small cap equity manager with another, or across asset classes, for example when funding a new allocation to Treasury Inflation-Protected Securities from equities. Many institutional investors rely on specialized transition managers to oversee these changes and manage the movement of assets efficiently and professionally.