Robert C. Radcliffe, Ph.D.
University of Florida and
PI Style Analytics, Inc

The goal of portfolio styling should be to develop
accurate measures of
important differences between investment portfolios
. High quality style
information is essential to understanding how a portfolio has been managed,
to determining whether the portfolio might provide diversification
benefits in a multi-manager portfolio, and to developing appropriate
benchmarks and style peer groups against which portfolio returns
should be compared