Opalesque Industry Update - Harvest Global Investments, the Asian and Chinese markets specialist asset manager, has become the first Chinese financial services firm to sign an agreement with eVestment to create efficiencies and bolster the effectiveness of its global databases, facilitating communication with the institutional investor community. HGI has selected the eVestment Omni platform to streamline its data entry process to populate its databases worldwide. eVestment, a Nasdaq company, provides a flexible suite of easy-to-use, cloud-based solutions to help the institutional investing community identify and capitalize on global investment trends, better select and monitor investment managers and more successfully enable asset managers to market their funds worldwide. Ashley Dale, Chief Business Development Officer and Chief Marketing Officer, Harvest Global Investments Limited said, "The Omni solution provided by eVestment minimizes the effort required to report our data in a timely manner and insures accuracy and consistency, which increases the viewership of our consultant databases. " eVestment's Omni solution ensures fast, accurate and complete updates to the eVestment database and dozens of other databases serving the institutional investment community. This is crucial to asset managers looking to grow institutional AUM as so-called "shadow searches" increasingly replace traditional request for proposals (RFP) in around the world. In a "shadow search" an investor or consultant reviews databases like eVestment to find managers who meet criteria for a new mandate. In the search, managers don't know they are being reviewed, highlighting the importance of updating databases completely and in a timely manner. "Harvest Global Investment is eVestment's first Omni client in the Greater China region and we're excited about the opportunity to help Harvest maximize their exposure to the global market with our Omni solution," said Hans Jiang, eVestment's head of eVestment's Asia-Pacific region. "As these shadow searches take off, asset managers increasingly realize the importance of industry databases to tell their story and showcase themselves in the best possible light to the world."
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Industry Updates
Harvest Global Investments becomes first Chinese asset manager to partner with eVestment
Tuesday, April 24, 2018
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