Why is transfer coefficient (TC) risk weighted? What does risk weightage means for transfer coefficient. The below is what i found in a paper written by Clarke, Silva & Thorley. But i still cannot understand what does risk weigtage has to do with TC?

*One can think of the transfer coefficient as an additional adjustment to breadth, N, that reﬂects the reduction in independent bets because of constraints. The best conceptualization of the transfer coefficient, however, is motivated by its mathematical definition; the transfer coefﬁcient measures the degree to which the information in individual security return forecasts is transferred into managed *

*portfolio positions.*