Novus, a US-based portfolio analytics and intelligence platform, has teamed up with a Thalia, a Swiss-based provider of hedge fund investment solutions.
The partnership will enable institutional investors to define new standards for managing hedge fund portfolios through the analytics platform.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Through this alliance, Thalia will be able to launch new industry standards to manage and analyze portfolios.
According to Novus, 70% of hedge funds are reporting exposures and attribution along several categories and aggregating portfolio statistics on a monthly basis, while 20% of funds report position-level information to their investors on a monthly basis.
In addition, Novus will enable investors to analyze greater returns to know how their managers are contributing to their overall portfolio in an efficient manner.
Basil Qunibi, CEO of Novus, said: "For an allocator investing or monitoring 70 managers (the typical average for European allocators) this can easily translate into 70,000 data points to be digested yearly.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"In addition to the risk management benefits we provide, our clients have reported gaining an additional three percent per year on average using our analytics. No doubt, investors clearly have something to gain by having better ways to measure the success of their manager allocations," he added.
Margrethe Rokkum-Testi, CIO of Thalia, said: "Our partnership with Novus allows us to shift our focus entirely to what we do best: invest."
