AlphaEngineÂ® helps make all portfolio decisions using a rule-based approach thereby improving transparency, process and discipline. It is easy-to-use and quick and investment ideas can be shared easily in an organization. The client can customize analyses to their specific portfolio structure, benchmarks and policy constraints. The net impact to most funds is often higher returns, better governance and risk management, and cost savings.
Commenting on the decision, Dr. Patrick Groenendijk, Vervoerâs CIO, said: "I have followed the progress of Mcube and AlphaEngineÂ® from the early stages and saw AlphaEngineâs potential to help investors develop effective dynamic investment strategies such as TAA programs quickly and easily with limited resources. However, the more important application is to provide a simple dashboard to CIOs and Boards to help them ensure that the entire portfolio is on target to achieve the objectives of the fund. In our approach of managing assets with limited internal staff, AlphaEngineÂ® and Mcube staff provided effective intelligence in evaluating the previous fiduciary manager, helped with the selection of our current fiduciary manager and will help with ongoing oversight of outsourced arrangements and other dynamic investment decisions that are made by Vervoer. Products such as the AlphaEngineÂ® are critical to the success of pension funds.â
Dr. Arun Muralidhar, Chairman of Mcube Investment Technologies and author of Innovations in Pension Fund Management (and a former pension fund manager), said, âWe are honored to have Patrick as a client again as he is very innovative and progressive, and was the first investor, along with Roland van den Brink of PME, to understand the vision and value underlying AlphaEngineÂ® when we first met in 2003. The endorsement by Vervoer continues to validate the AlphaEngineÂ® value proposition that we can help large and small clients with internal development and management of TAA/rebalancing programs and external manager oversight. Our ongoing interaction with Vervoer will allow us to further improve our service offering to the fiduciary management industry.â
Mcube Investment Technologies LLC, a U.S. company headquartered in Dallas, Texas, is a leading developer and provider of decision support products and services for institutional investment management. The company currently has a number of other large and small pension fund clients globally, including the Bedrijfstakpensioenfonds Metalektro (PME), CalPERs, San Bernadino County Employeesâ Retirement Association, Virginia Retirement Systems, consultants (Avida International) and asset managers in the United States and Japan. Mcube has a strategic alliance with ORTEC Consultants, in the Netherlands.