State Street Enhances Risk Management Platform with Factor-Risk Modelling and Data from more than 4,000 ETFs | Business Wire
BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE: STT) today announced that it'll work
with Northfield Information Services (Northfield), a provider of
financial risk models and analytical tools. Morningstar, Inc., a
leading provider of independent investment research, to enhance its
truView® Risk Management Platform. truView provides an online,
end-to-end risk solution with broad multi-asset class coverage that
includes data collection, exception handling and calculating of risk
“As it's become more difficult to anticipate market movements based on
events, factor risk modelling has emerged as a popular method for
calculating portfolio risk,” said Mark McKeon, global head of product,
State Street Global Exchange. “When evaluating risk and performance,
factor risk modelling offers our clients a more insightful view of how
market forces may influence their portfolio. As a result, the
ability to better and more quickly manage their investments as
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that Henderson Global Investors (North America) Inc. (“Henderson”) and Henderson Investment Management Limited, investment sub-advisors for First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU) (the “Fund”), will release an update on the market and the Fund for financial advisors and investors. The update will be available Wednesday, April 5, 2017, at 5:00 P.M. Eastern Time until 11:59 P.M. Eastern Time on Thursday, May 4, 2017. To listen to the update, follow these instructions:
-- Dial: (888) 203-1112; International (719) 457-0820; and Passcode # 6321478. The update will be available from Wednesday, April 5, 2017, at 5:00 P.M. Eastern Time until 11:59 P.M. Eastern Time on Thursday, May 4, 2017.
The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks to focus on capital appreciation. The Fund will seek to achieve its investment objective by investing at least 80% of its Managed Assets in a portfolio of equity securities of European companies of any market capitalization, including, but not...
State Street will integrate Northfield’s risk factor tools into its
truView platform, including risk factor decomposition. Its “Everything
Everywhere” multi-asset class risk model. Its “optimizer”, a risk
analysis and portfolio allocation tool.
The “Everything Everywhere” risk model calculates risk measures across
all asset classes, public investment types. Alternative investments
for institutional investors. Its risk model database includes more than
61,000 equities. Over 550,000 fixed income securities. 1.3 million
municipal bonds. 1 million mortgage back-pools. Approximately 90,000
mutual funds and ETFs. 300,000 CMOs and asset backed securities from
68 developed and emerging market countries, as well as 57 currencies1.
“ETFs are becoming more popular investments as investors seek to add
flexibility to their portfolios,” continued McKeon. “But investors need
more visibility into ETF holdings and the ability to accurately
incorporate these investments with other asset classes for more cohesive
oversight and risk management.”
State Street will also integrate Morningstar’s data for more than 4,000
exchange-traded funds (ETFs) into its truView platform, to help clients
better capture ETF potential and allow them to model ETFs alongside
other asset classes in risk and other analytics.
About State Street
State Street Corporation (NYSE: STT) is one of the world’s leading
providers of financial services to institutional investors, including
investment servicing, investment management and investment research and
trading. With $27 trillion in assets under custody and administration
and $2 trillion* in assets under management as of March 31, 2016, State
Street operates in more than 100 geographic markets worldwide, including
the US, Canada, Europe, the Middle East and Asia. For more information,
visit State Street’s website at www.statestreet.com.
* Assets under management were $2.30 trillion as of March 31, 2016.
AUM reflects approx. $32.6 billion (as of March 31, 2016) with respect
to which State Street Global Markets, LLC (SSGM) serves as marketing
agent. SSGM and State Street Global Advisors are affiliated.
ETFs trade like stocks, are subject to investment risk, fluctuate
in market value and may trade at prices above or below the ETFs net
asset value. Brokerage commissions and ETF expenses will reduce returns.
The information provided doesn't constitute investment advice and it
shouldn't be relied on as such. It shouldn't be considered a
solicitation to buy or an offer to sell a security. It doesn't take
into account any investor’s particular investment objectives,
strategies, tax status or investment horizon. You should consult your
tax and financial advisor. All material has been obtained from sources
believed to be reliable. There is no representation or warranty as to
the accuracy of the information and State Street shall have no liability
for decisions based on such information.
1 Northfield Information Services, data as of May 2016.