The new universe allows institutional investors both to compare managers overseeing 130/30 strategies as well as to compare the 130/30 Large Cap Universe’s performance against a traditional “long-only” universe, according to a press release. The comparisons can help investors determine the cost-benefit of these alternative investment vehicles, and allow investment managers to compare their performance against competitors.
In addition, BNY Mellon announced it has enhanced its Equity Profile report to allow clients to view their long, short, and total portfolio exposures and fundamental make-up. “By analyzing it from three different angles, we get a better picture of portfolio exposure and can help provide a greater level of transparency to our clients,’ said Serra Sonmez, CFA, vice president of client service for the 130/30 Value strategy at Cramer Rosenthal McGlynn, LLC, in the release.
More information is available at www.bnymellon.com.