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: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...