Income Partners needed a pure Asia Pacific model that generates risk factors based solely on Asian equity returns, and provides an accurate view of risk by analyzing style scores, sector risk, country risk and other aspects. The firm also required a scalable system that can be used for its other fundsâ trading fixed income products, in support of multiple strategies and business growth. SunGardâs APT helps Income Partners measure and forecast risk, construct portfolios, and perform rebalancing in an application service provider (ASP) environment.
Agus Tandiono, partner and CIO for equities at Income Partners, said, âWe chose SunGardâs APT because it uses a statistical model that helps to identify a fundâs tilt toward growth, value, momentum or other style characteristics, rather than pre-specified risk-factor modeling or value-at-risk. APT also offers transparency into the fundâs risk exposure by providing details into each securityâs contribution, which enhances the portfolio managerâs ability to effectively manage risk and make decisions. We also chose APT for its scalability â the ability to add additional funds and asset classes to the platform in the future was a key benefit for us.â
Emanuel Mond, president of SunGardâs alternative investments business, said, âIncome Partners is a well established fund manager. Their selection of APT helps to solidify SunGard as a leading service provider to the Asian hedge fund community. APT provides regional and country models that reflect Asian market characteristics as well as the local knowledge and support. As markets become increasingly volatile and harder to predict, we are seeing more and more customers looking to APT for accurate risk forecasting. Our staff presence in Singapore, Hong Kong, Sydney, Tokyo and China will help meet our customersâ needs.â