Investment philosophy is extremely important in choosing the right asset management team. Different investors have different philosophies on asset management. Some investors focus on small assets with high growth potential. Other investors focus on large assets that are extremely valuable. It is up to you to decide which investment strategy best suits your needs.
Next to philosophy on asset management is process. How does your asset management team approach investing? Are portfolio management decisions made by a single person or by a collective group? What criterion is being used to base asset management decisions off of? Is this criterion being researched by competent experienced analysts? The answers to these questions give valuable insight into the processes used by your asset management team.