How can fund selectors solve the core-satellite conundrum?

The core-satellite conundrum

I have been reading a lot about crowd thinking, crowd working, crowd funding, crowd shaping and crowd investing.

It is the new buzz narrative for how people may interact in a digital world and the prize of those who covet big data. In many ways, fund selectors, unknowingly, have been acting as a 'crowd' for some time, but not always in a beneficial way. Meanwhile, an ongoing debate is the survival of boutique asset firms versus the super-sized asset managers, and is directly related to the way fund selectors allocate assets. This is something I see first hand in my own work both as a gatekeeper, for a super-sized life and pension platform, and as a non-executive for a small boutique platform. Un...