Data Firms Collaborate on Institutional Product

InvestorForce, Inc. and eVestment Alliance are expanding the partnership they formed last year, the two companies announced.

The companies are Web-based investment information providers serving institutional consultants and investment managers.

The data partnership, which initially incorporated eVestment’s U.S. manager universe data into InvestorForce’s reporting platform, has been expanded to include eVestment’s manager universes for Canada, UK, Europe, Japan, Asia-Pacific and Australia, as well as Emerging Markets, EAFE and Global mandates, according to a news release.

The eVestment Global Database includes information on approximately 2,500 asset managers worldwide, representing more than 17,000 investment strategies.  InvestorForce said it offers the only performance measurement and reporting solution that focuses exclusively on institutional consultants that integrate the eVestment data directly into its platform for consultants’ use.