The price of the position

The sophistication of investment strategies in today's financial markets has put ever-greater pressure on investment teams and their financial intermediaries. Their interactions provide answers to the all-important questions: "What do I own and how much is it worth?" Inevitably, those pressures have been exacerbated by the current market environment, which causes those questions to be asked with greater frequency - at a time when mutual expectations between fund managers and their broker-dealers