Overlay strategy(redirected from Overlay Portfolio Management)
A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The practice in which a money manager keeps track of all of an investor's accounts and the securities contained in them in order to prevent duplication, overexposure, or other unnecessary risks. An overlay strategy is believed to be more efficient when one has multiple brokerage accounts and helps one accomplish his/her overall investment goals, not just the ones of a particular account.
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