Among the characteristic economic trends since the financialdownturn is a distinct slowdown in institutional investors’ pace inchanging either investment managers or asset allocations.

While some of the reasons for the general slowdown may be topicsof intense debate, there are also solid theories on the mostinfluential causes underlying the slower economic movement.

“We’ve really noticed a change in just how long it’s taking thetypical institutional client to make some of these changes,” saidJamie Cashman, a managing director in marketing at MellonTransition Management. “And we see that reflected in a numberof different ways.”

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