Diversification

Generalist vs. Thematic Investment Strategies: Does One Approach Yield Higher Returns?

Generalist vs. Thematic Investment Strategies: Does One Approach Yield Higher Returns?

Is it better to be a jack of all trades or a master of one? This question plagues the venture capital industry — with some managers pursuing a generalist investment strategy while others swear by a thematic approach. Can you truly diversify your investment portfolio when taking a generalist approach? Do thematically diversified asset portfolios lead to better returns?