Sat, Sep 5, 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. Opalesque Exclusive: New Detroit-based CTA seeks to take advantage of coming volatility[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging manager has just set up his one-man shop in the city of Detroit. Synchronicity Futures,

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  4. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

  5. Launches - BlackRock’s McKenna starts hedge fund with $270m, Ex-BlueBay fund managers Phillips, Fayman to launch hedge fund in 2016, Dallas lawyer, Wall Street-savvy doctor team up to form biotech-focused hedge fund[more]

    BlackRock’s McKenna starts hedge fund with $270m From Bloomberg.com: BlackRock Inc. has started an event-driven hedge fund one year after hiring Harvard Management Co.’s Mark McKenna to run the strategy. Global Event Partners, which seeks to profit from corporate events such as takeovers

 

banner