Research | Investment Performance Services

All research is independent, objective, and sourced in-house

Our Research Department utilizes criteria developed by the IPS Investment Committee for asset class screening and considers a variety of qualitative and qualitative factors to evaluate the suitability and consistency of an investment manager. Our process is rigorous, detailed, and includes in-person meetings and on-site due diligence with investment firms.

IPS maintains a master “Approved” list of managers representing various asset classes and investment styles. Managers on the Approved List are recommended for client use and undergo on-going performance evaluation and due diligence. Through our use of open architecture, IPS can source and utilize best in class investment managers across all disciplines to build investment portfolios that help our clients achieve their goals.

Investment Asset Classes

Asset Class	Categories
US Equity	Large Cap Mid Cap Small Cap, Growth Value Core	More Information
Non-US Equity (Developed)	Large Cap Small Cap, Growth Value Core	More Information
Global Equity	Growth Value Core	More information
Investment Grade Fixed Income	Core Intermediate Short Duration Multi-Selector	More information
High Yield Fixed Income	BB/B Short Duration Opportunistic	More information
Global Tactical Asset Allocation (GTAA)	Equity Fixed Thematic Commodities	More information
Real Estate	Core Value-Add GSA Opportunistic Secondaries	More information
Hedge Funds	Multi-Strategy Equity Long/Short Opportunistic	More information
Private Equity	Primary Secondaries Fund of Funds Co-investment	More information
Private Credit	Diversified Direct Lending	More information
Infrastructure	US-Based Core Value-Add	More information
Participant-Directed Defined Contribution Plans	Recordkeepers Target Date Funds	More information

IPS Research Department

The IPS Manager Research Department is led by Chief Investment Officer, Chris McDonough, and Dan Melloh, Director of Research. Together, with specialized research analysts, they employ a rigorous and thorough approach regarding due diligence across the investment spectrum.