Russell Investments·2026-06-27·via All Articles on Seeking Alpha
Summary
As institutional portfolios become more complex, overlays are emerging as a powerful tool for improving implementation efficiency.
In faster-moving markets, overlays can help investors adjust exposures, manage liquidity, and stay aligned with strategic objectives.
Overlay strategies can unlock greater portfolio flexibility, including the ability to separate alpha generation from market exposure.
sankai/iStock via Getty Images
Once upon a time, institutional portfolios were relatively simple. Investors built portfolios from a handful of familiar building blocks - primarily domestic stocks and bonds - and achieving market exposure was often the primary objective.
