London, 2 June 2020 – Style Analytics, the provider of factor-based portfolio and market analytics tools for investment professionals, launches a first-of-its-kind tool in investment management for instant comparison of funds on a wide variety of metrics. The new Similyzer™ tool uses fund holdings to measure how similar thousands of investment vehicles are to one another, helping investors make detailed comparisons on factor exposures, historic performance, risk measures and more.
Asset Managers can use Similyzer™ to identify uniquely differentiating aspects of their own funds, to assess all competitors’ strengths and weaknesses and to examine crowding in equity styles. Asset Owners and Consultants can use Similyzer™ to assess differences in comparable funds, to find alternative funds and to enhance their initial and ongoing due-diligence. Ten early-adopter clients are currently using Similyzer™ to compare select funds with over 28,000 other funds in the Morningstar and eVestment universes.
Stephen Beinhacker, Global Head of Manager Research at SEI, said “Similyzer™ is a big time saver. It quickly and easily sheds an interesting light on managers’ similarities and differences. Before this tool, it simply took too long to identify manager-specific attributes and now I can dig as deeply as I need to find gems of information.”
Sebastien Roussotte, CEO of Style Analytics, commented: “Our new Similyzer™ module gives both Asset Managers and Asset Owners valuable capabilities they simply cannot get anywhere else. By providing a comparison on all the holdings-based attributes of interest -investment style, performance, and risk – the entire industry will benefit from Similyzer™’s fast and efficient presentation of fund similarity.”
Style Analytics’ products and services are designed to help institutional investors and investment managers determine which factor exposures impact portfolio risk and performance, including ESG. By using the unique Similyzer™, industry professionals can better analyze markets, peers and portfolios.
Frederica Bendit – Maitland/AMO Strategic Advisors
Tel: +44 (0)7 557 833 442
About Style Analytics
Style Analytics is an independent, global analytics provider for investment professionals. We enable asset managers, asset owners and consultants to build objective and comprehensive factor analysis on markets, peers and portfolios.
By creating transparency through factor exposures – the systematic drivers of portfolio risk and return – we help investment professionals validate and make strong investment decisions.
Previously known as Style Research, Style Analytics has over 20 years’ experience in factor analysis and serves over 280 investment institutions across 30 countries. Our breadth and depth of industry knowledge and expertise continues to bring superior tools and innovations to support our clients.
For more information, please visit: www.styleanalytics.com