Identification and improvement of skill in active management
Does skill exist?
Used by over 50 of the most elite asset managers and owners in the world, Inalytics analysis enables Asset Managers and Owners to go beyond traditional holdings based attribution to capture the complete picture of how an investment process adds value.
We analyse the full range of decisions, including the buys and sells, so that the analysis accurately reflects the decisions being taken and captures the key drivers of a successful process.
In our twenty years of analysing over $7tn of assets on more than 150 million investment decisions, we have identified the following aspects to be drivers of performance:
A research process that identifies and adds winners to the portfolio
Portfolio construction that captures the alpha generated by research
A control for the behavioural biases that undermine even the most successful processes
Benefits for Asset Owners
|Manager Selection teams||Manager Monitoring|
|Identify key differences in seemingly similar managers||Oversee multiple strategies on a consistent basis|
|Make an assessment of managers across a consistent framework||Ask the managers the IMPORTANT questions in review meetings|
|Understand how new managers might compliment/overlap with your existing managers|
Benefits for Asset Managers
|Portfolio Managers||Marketing/Distribution teams|
|Raise awareness of Behavioural Bias||Physically demonstrate the unique features of your investment process with an analysis that captures the subtleties and nuances of how you add value|
|Continually Improve Decision Making||Providing evidence of skill and transparency in the PM’s process builds trust in prospective investors|