Statistical Methods of Strategic Portfolio Management for Fund of Funds

A 'fund of funds (FoF)' is an investment fund that invests in other investment funds rather than investing directly in shares, bonds, or other securities. Sometimes referred to as multi-manager funds, these investment funds pose 'apart from the challenges that arise for every portfolio to be managed' special problems to their management teams. Several concepts and statistical methods are applied to problems that one faces when managing a FoF, laying the focus on direct solutions.