RBC Dexia Investor Services introduces Fixed Income Analytics, a new service that provides asset managers with detailed analysis of fixed income portfolios.
Fixed income instruments are diverse and complex and continually evolving, says Fay Coroneos, global head, Risk & Investment Analytics, RBC Dexia. The complexity of fixed income strategies presents unique challenges when analysing portfolio performance. Fixed Income Analytics is a specialised service that allows asset managers to accurately measure the impact of factors such as interest rate movements, changes in credit
spread, yield or duration. By uncovering the sources of returns generated, this new service can help determine how closely a manager is adhering to the portfolios investment mandate, as well as the risk-return payoff of the portfolio.
The service has been specifically designed to analyse fixed income portfolios and provides:
In-depth breakdown of returns (on a daily basis and at the security level), using a yield-curve based attribution model
Impact analysis of all relevant market factors the return of the portfolio can be broken down into as many as 20 components
Customised, drill-down reporting, where analysis is aligned with the clients investment management process and performance overview
A full, end-to-end solution including automated data aggregation, utilising an extensive array of market and index data from all major sources
This is a powerful new product that provides greater insight into a fixed income managers decision making process, says Coroneos. Portfolio performance can be measured against any of the major indices or on a
stand-alone basis. Reporting is flexible, with user-defined segmentation, including term, credit, duration, currency or country