Tue, Mar 20, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Towers Watson selects MSCI’s RiskMetrics HedgePlatform as allocations to alternative investments increase

Tuesday, February 05, 2013
Opalesque Industry Update – Towers Watson, a global investment consultant, will start including MSCI’s RiskMetrics HedgePlatform into some of its hedge fund advisory and investment processes.

As part of the agreement Towers Watson will use HedgePlatform to evaluate and monitor individual investment managers with reports based on hedge fund positions, complementing its existing suite of risk tools and enhancing hedge fund risk reports to its clients.

“Demand for position-based risk analytics of hedge fund investments continues to rise, evidenced by the growth MSCI’s risk analytics business has seen over the last 12 months – from adding two of the world’s top 20 pension funds as HedgePlatform clients, to this most recent agreement with Towers Watson,” said Roveen Bhansali, Managing Director and Head of Risk Management Analytics for MSCI.

“This increased demand reflects the confluence of two recent trends: increased allocation to alternative investments and increased desire to implement more comprehensive risk management processes, not only of alternative investments, but of total investments programs. MSCI is well placed to meet this demand given our multi-asset class risk analytics tools, our long history with our institutional clients and our ability to integrate positions of hedge fund investments with traditional and other alternative investments. We look forward to continuing to invest in this growing market segment and helping our clients as their investment needs evolve.”

Damien Loveday, Global head of Hedge Fund research at Towers Watson, said: “We are continuously strengthening our level of monitoring and risk management processes in this area and the addition of MSCI’s RiskMetrics HedgePlatform will support this endeavour. Having used RiskMetrics’ analysis tools for a number of years and working with MSCI for the past year to develop the proposition, we have found innovative views of risk which will allow us to perform even more due diligence, monitoring, portfolio construction, and risk management for hedge fund investments to the benefit of our clients. The use of analytic tools such as this has been important in developing our Hedge Fund business and this particular platform provides extra transparency which we view as key to assessing hedge fund investments.”

Towers Watson’s investment business has over 750 associates worldwide and assets under advisory of over USD$2 trillion. Its specialist hedge fund team manage direct hedge fund portfolios for clients and has assets under advice in this area of over USD$20 billion.

Press release


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From FT.com: Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t