The document discusses opportunities and challenges in reviewing and optimizing a client's investment portfolio. The client has a conservative investment strategy set during the 2008/2009 financial turmoil. The memo outlines plans to improve cash asset efficiency and reallocate funds to generate more yield. It also addresses the need to optimize non-operational, endowment-like assets. Challenges include the client's lack of investment sophistication and inconsistent investment dialogue, despite a strong existing relationship.
doj/DataSet10/EFTA01386935.pdf
{"key_people":["Laura Barillaro","Stewart Oldfield"],"document_date":"2023","document_type":"correspondence","key_locations":["New York","Lexington, KY"],"document_subtype":"memo","key_organizations":["DBTCA","DBNY","RCM","Bessemer Trust"]}