Saturday, 26 July 2014
Last updated 12 hours ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…