Merlin introduces new reporting functionalities
05 August 2010 San Francisco
Image: Shutterstock
Merlin Securities, has recently announced that it has launched groundbreaking new reporting functionality which will enable funds to more precisely articulate their performance for today's sophisticated institutional investors.
Merlin's clients can drill down and calculate additional required performance measures and
ratios across multiple custodians for specific components of their portfolio: sector, market cap,
industry, strategy, geography and a range of customizable user-defined components. Merlin's
new functionality allows hedge funds to calculate and analyze their performance net of fees and
expenses.
"In today's competitive marketing environment, hedge fund investors require greater
transparency and more customizable reporting to allow them to understand a fund's performance
across a variety of components," said Amr Mohamed, senior partner and chief technology officer
at Merlin. "Our hedge fund clients can now provide more sophisticated insights into their
performance with just a few clicks. For instance, a fund can articulate and segregate alpha
contribution by sector, drawdown by market capitalization and market risk exposure by
geographic region. In addition, fund managers can also quickly generate their monthly
performance analysis net of fees - a process that previously required manual input."
Merlin's new reporting functionality is available for the full range of measurements that
investors demand, including Sharpe ratio, Treynor ratio, volatility, skew on returns, Alpha and
Beta versus benchmark (including customized and blended benchmarks), up and down capture ratios, Sortino ratio and drawdown. These measures, in turn, can be isolated by sector, market cap, industry, strategy, geography - or by a customized criterion.
Additionally, whereas hedge funds historically have calculated their return-based statistics
manually by spreadsheet, Merlin now provides a tool to automate that process. Managers can
load their net returns into the system then seamlessly calculate all the analytics on a portfolio or
component level based on net numbers.
"Today's hedge fund investors expect to be able to drill down into a portfolio and understand
performance in ways that historically would have required hours of manual input and analysis,"
said Patrick McCurdy, partner and head of capital development at Merlin Securities. "Portfolio level
analytics are no longer enough, and managers are searching for tools to help them deliver
these metrics in a simple and cost-effective manner. We continually strive to provide our hedge
fund clients with the tools and technology they need to showcase their performance and
demonstrate their edge."
Merlin's clients can drill down and calculate additional required performance measures and
ratios across multiple custodians for specific components of their portfolio: sector, market cap,
industry, strategy, geography and a range of customizable user-defined components. Merlin's
new functionality allows hedge funds to calculate and analyze their performance net of fees and
expenses.
"In today's competitive marketing environment, hedge fund investors require greater
transparency and more customizable reporting to allow them to understand a fund's performance
across a variety of components," said Amr Mohamed, senior partner and chief technology officer
at Merlin. "Our hedge fund clients can now provide more sophisticated insights into their
performance with just a few clicks. For instance, a fund can articulate and segregate alpha
contribution by sector, drawdown by market capitalization and market risk exposure by
geographic region. In addition, fund managers can also quickly generate their monthly
performance analysis net of fees - a process that previously required manual input."
Merlin's new reporting functionality is available for the full range of measurements that
investors demand, including Sharpe ratio, Treynor ratio, volatility, skew on returns, Alpha and
Beta versus benchmark (including customized and blended benchmarks), up and down capture ratios, Sortino ratio and drawdown. These measures, in turn, can be isolated by sector, market cap, industry, strategy, geography - or by a customized criterion.
Additionally, whereas hedge funds historically have calculated their return-based statistics
manually by spreadsheet, Merlin now provides a tool to automate that process. Managers can
load their net returns into the system then seamlessly calculate all the analytics on a portfolio or
component level based on net numbers.
"Today's hedge fund investors expect to be able to drill down into a portfolio and understand
performance in ways that historically would have required hours of manual input and analysis,"
said Patrick McCurdy, partner and head of capital development at Merlin Securities. "Portfolio level
analytics are no longer enough, and managers are searching for tools to help them deliver
these metrics in a simple and cost-effective manner. We continually strive to provide our hedge
fund clients with the tools and technology they need to showcase their performance and
demonstrate their edge."
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