Tuesday, 21 October 2014
Last updated 3 hours ago
Aug 4 2010 | 7:33am ET
Prime brokerage and technology firm Merlin Securities has unveiled a new reporting functionality which enables hedge funds to more precisely articulate their performance to sophisticated institutional investors.
The new functionality allows Merlin's clients to drill down and calculate performance measures and ratios across multiple custodians for specific components of their portfolio. The reporting functionality is available for a full range of measurements including Sharpe ratio, Treynor ratio, volatility, skew on returns, Alpha and Beta versus benchmark, up and down capture ratios, Sortino ratio and drawdown. These measures can then be isolated by sector, market cap, industry, strategy, geography, or by a customized criterion. The new functionality also allows hedge funds to calculate and analyze their performance net of fees and expenses.
“Today’s hedge fund investors expect to be able to drill down into a portfolio and understand performance in ways that historically would have required hours of manual input and analysis,” said Patrick McCurdy, partner and head of capital development at Merlin Securities. “Portfolio-level analytics are no longer enough, and managers are searching for tools to help them deliver these metrics in a simple and cost-effective manner. We continually strive to provide our hedge fund clients with the tools and technology they need to showcase their performance and demonstrate their edge.”
Merlin serves more than 450 single- and multi-primed managers, providing them with a broad suite of solutions including dynamic performance attribution analytics and reporting, seamless multi-custody services, capital development, 24-hour international trading, securities lending and access to the Gerson Lehrman Group’s network of experts.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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