Wilshire has developed a risk model that utilizes more than 40 different factors to measure risk and performance, enabling Wilshire to evaluate and forecast manager's source of risk and return performance. The expert use of this proprietary model allows us to separate manager skill from luck.

These models allow Wilshire to construct well-diversified, mulit-manager portfolios that match each investment objective for each of our funds.

Optimized Active Manager Structure

Our proprietary research allows Wilshire to identify skilled managers with specific portfolio characteristics that make them attractive. The understanding of the source of risk and return for each manager allows us to combine managers with in a risk controlled manner and create an overall portfolio with desirable risk and performance capabilities.

Wilshire's proprietary research leads to more accurate forecasting of each manager's return, risk and correlation - a calculation that explains how each manager fits with other managers when combined in a single portfolio. With these three inputs we have the ability to select the most appropriate managers in a multi-manager portfolio. They also allow us to determine the most appropriate allocation for each manager so that resulting multi-manager fund considers the highest expected return for a given level of risk - a technique known as Optimized Active Manager Structure.

The benefits of the Wilshire process are clear.Based on Wilshire's Proprietary technology and research, we create risk controlled portfolios that provide broad and diversified exposure to the market through the investment talent of mulitple skilled institutional managers. The portfolios significantly control the risk factors normally associated with investing with a single manager, and allow for superior risk-adjusted performance through our portfolio construction process.