Benefits and Features
Clients can use:
Multiple Attribution Models
| Allocation-Selection Attribution | Use the classic Brinson-Fachler attribution for top-down / sector-allocation strategies for equity or balanced portfolios. |
| Asset Selection Attribution | Evaluate bottom-up / stock-picking investment strategies for equity or balanced portfolios using asset selection attribution. |
| Factor-Based Attribution | Identify granular sources of return based upon Barra equity factors. |
| Fixed Income Attribution | Identify sources of active return due to yield curve movement and credit / spread bets using the fixed income attribution model. |
Functionality
| Asset Class Coverage | Performance Attribution supports equities, fixed income, commodities, ETFs, derivatives and mutual funds across markets globally. |
| Portfolio Trend Analysis | Analyze portfolio evolution over reporting periods using multi-period snapshots. |
| Import Returns | Import asset returns and define priority within the system. |
Methodology
| Arithmetic / Geometric Attribution | Performance Attribution provides support for both arithmetic and geometric methodologies. |
Data
| Daily Data | The attribution computations are based upon daily holdings data. |
| Preloaded Benchmarks | A large universe of equity and fixed income benchmarks are delivered daily and can be permissioned for licensed clients. |
| Market Conditions | A wide range of market data and bond terms and conditions are delivered daily reducing the client data management effort. |
Flexibility
| Grouping | Client definitions can be used for grouping results in addition to platform definitions including region, country, Global Industry Classification Standard (GICS®) industry, market cap, sector and rating. |