ConvergEx Prime Services Launches Sector Configuration Tool

Sep 24 2013 | 10:36am ET

ConvergEx Prime Services has launched a new sector configuration tool for portfolio managers.

The interactive tool allows managers to create customized sectors and subsectors for each stock in their portfolio so they can drill deeply down into their exposures for performance analytics, risk controls and attribution for P&L reporting.

“This new tool is especially useful for managers who have funds that focus on specific groups or sub-groups of stocks,” said Douglas M. Nelson, chief executive officer of ConvergEx Prime Services, in a statement. “Traditional analytic tools come pre-populated with stocks assigned to certain sectors and industries, limiting fund managers’ ability to run important performance comparisons. Our tool gives them all the flexibility for their specific needs.”

ConvergEx Prime Services, part of the ConvergEx Group, provides integrated prime services to hedge funds, family offices, mutual funds and registered investment advisors.
 


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note