Risk manager Investor Analytics in the first quarter will offer advanced hedge fund analytics using methodology developed by Andrew W. Lo, AlphaSimplex Group chief scientific officer and finance professor at the Massachusetts Institute of Technology.
Investor Analytics will add the AlphaSimplex Analytics array, which includes illiquidity exposure measures, econometric risk-budgeting tools and return-based and position-based portfolio analytics to help hedge fund managers more easily separate alpha and multiple betas, calculate losses and perform performance metrics.
Damian Handzy, Investor Analytics chairman and CEO, said in a news release that the hedge fund risk manager is very excited to be working with AlphaSimplex and Dr. Lo in bringing this unique suite of tools to the market. The analytical tool addresses precisely those market-risk issues that have figured so prominently in the current (market) crisis namely illiquidity, unprecedented volatility and fat tails.