Saturday, 28 March 2015
Last updated 15 hours ago
Jul 19 2011 | 10:16am ET
New York-based investment software firm PerTrac, in partnership with FinAnalytica, has released an advanced risk analysis module to help institutional investors discover hidden risks in their portfolios.
PerTrac RiskPlus 1.2 uses multi-variable analysis, stress testing and risk budgeting to measure portfolio risk. The software addresses a key problem for institutional investors—valuing illiquid assets (like private equity and real estate) on a monthly basis. The new module’s advanced infilling techniquest convert quarterly illiquid asset performance to monthly performance streams.
PerTrac RiskPlus 1.2 also allows investors to break down and understand the risks and exposures of funds with a specific geographic focus. Using five new geographically-focused factor models, which have been defined and tested by FinAnalytica’s quantitative research team, investors can, for example, assess Asia-focused funds using an Asia-specific factor model rather than analyzing risk with the same factor model used to analyze non-geographically focused funds.
“Whether you are an investor or a manager, you are concerned with limiting losses when the worst-case scenarios arise. Decisions based on traditional risk measures and the assumption of normal return distribution characteristics for assets have led to potentially large portfolio losses by underestimating hidden risks. This new release of PerTrac RiskPlus gives investment professionals the tools they need to analyze their comprehensive risk,” said Brendan Dolan, co-president of PerTrac.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…