Sat, Feb 28, 2015
A A A
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

bG

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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie