With these new tools, RiskMetrics is combining performance and attribution into one seamless framework, enabling investors to align forward-looking risk with traditional performance measures. The integration of the tools offers investors easy-to-use applications, combining best-in-class analytics and reporting.
Specifically, PerformanceManager can generate buy and hold and transactions-based performance statistics, delivered daily with security-level granularity. Data tagging facilitates custom asset groupings, hierarchies and reporting. All analysis is multi-currency and preferences can be configured for different groups of portfolios. The attribution analysis portion of the tools supports multi-level views across a range of methodologies reflecting topdown, bottom-up or hybrid investment processes.
âOur investor clients have been asking for a risk and performance service that exists in one framework, leveraging similarities in data, modeling, categorisation and attribution,â said Mick Brant, Head of RiskMetrics Groupâs Performance and Attribution Business. âNow, investors have the ability to view the performance and risk attributes of the investment process. This will provide them with much greater insight in to current strategies such as long-short equity among others.â