Products August 11, 2001

FactSet Revamps its Portfolio Analytics Suite

November 8, 2001 (PLANSPONSOR.com) - FactSet Research Systems Inc., a supplier of online research, has enhanced its portfolio analytics suite of applications.
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FactSet’s Portfolio Analysis (PA) application can now calculate transaction-based returns, allowing clients to:

  • replicate an AIMR/GIPS-compliant return in the Attribution and Contribution reports in PA
  • incorporate daily purchases and sales for all holdings in their portfolios
  • measure the value added by trading, by comparing daily-linked performance with transaction-based performance
  • capture performance from the same-day purchase and sale of a security, or trade prices that differ from the market close.

FactSet also introduced Portfolio Gallery, a Web-based reporting tool that allows companies to disseminate holdings and returns-based reports generated in the PA and Style, Performance and Risk (SPAR) applications via their intranets.

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In addition, users can create complex portfolio composites by aggregating combinations of portfolios, benchmarks, or competitor funds when performing holdings-based analysis.

Composites can be defined as percentage-weighted, equal-weighted, or dollar-weighted.

FactSet has also integrated two databases into the PA application, providing access to:

  • its LionShares ownership data through the Portfolio Lookup utility
  • Lipper Equity Classification for any open-end mutual fund.

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