Saturday, 30 August 2014
Last updated 1 day 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...