This defining moment prompted founder Otto Feddern to begin a formal study of "Modern Portfolio Theory" then being espoused by noted researcher Harry Markowitz.
Drawing from his
experience in an earlier successful teaching career, Feddern
was determined to develop a system that would transmit the complicated information, of performance monitoring of money managers and funds, into a meaningful, educating, and useful format for committees and staff.
unique and detailed reports identify poor or erratic performance and "why" it is present.
Otto G. Feddern,