Hong Kong-based Income Partners Asset Management, an independent fund management company specializing in Asian investments, has implemented SunGards APT multi-asset risk modeling solution to help analyze and manage risk on the firms new equity fund, the IP Asian Equity Long-Short Fund. Income Partners uses APTs Asia Pacific ex-Japan equity model to help gain an understanding of portfolio risks.
Income Partners needed a pure Asia Pacific model that generates risk factors based solely on Asian equity returns, and provides an accurate view of risk by analyzing style scores, sector risk, country risk and other aspects. The firm also required a scalable system that can be used for its other funds trading fixed income products, in support of multiple strategies and business growth. SunGards APT helps Income Partners measure and forecast risk, construct portfolios, and perform rebalancing in an application service provider (ASP) environment.
We chose SunGards APT because it uses a statistical model that helps to identify a funds tilt toward growth, value, momentum or other style characteristics, rather than pre-specified risk-factor modeling or value-at-risk, says Agus Tandiono, partner and CIO for equities at Income Partners. APT also offers transparency into the funds risk exposure by providing details into each securitys contribution, which enhances the portfolio managers ability to effectively manage risk and make decisions. We also chose APT for its scalability the ability to add additional funds and asset classes to the platform in the future was a key benefit for us.
Income Partners is a well established fund manager, says Emanuel Mond, president of SunGards alternative investments business. Their selection of APT helps to solidify SunGard as a leading service provider to the Asian hedge fund community. APT provides regional and country models that reflect Asian market characteristics as well as the local knowledge and support. As markets become increasingly volatile and harder to predict, we are seeing more and more customers looking to APT for accurate risk forecasting. Our staff presence in Singapore, Hong Kong, Sydney, Tokyo and China will help meet our customers needs.
D.C.