UBS Alternative Research has continued its existing relationship with Abacus Analytics, a quantitative consulting firm.
Offerings from Abacus include research and consulting services organized around the portfolio management process, featuring models and analytics for alpha generation, risk management, portfolio construction and performance attribution.
UBSs arrangement with Abacus will include joint marketing to investors as well as research collaboration with company quantitative research team. The expanded alliance builds on UBSs existing relationship with Abacus through which Abacus will continue to enhance our quantitative research offerings and provide key evaluation metrics for portfolio performance.
Abacus brings sophisticated insight and a differentiated suite of tools to portfolio management, but they arent just looking at the surface, says Mark Steinert, global head of Equities Research, UBS. Abacus uses an understanding of the statistical properties of underlying alpha generators to design strategy parameters that really enhance performance and benefit clients.
We are looking forward to working with UBS to broaden the range of analytical services that they can offer their clients, particularly equity managers and buyside analysts. With research budgets shrinking, many firms are seeking to outsource some of their R&D and risk management functions. Our expanded relationship with UBS will offer unrivaled access to these opportunities, says Berry Cox, founder and president of Abacus.
Our focus at UBS Alternative Research is on offering our clients access to analysis and insight that simply are not available elsewhere on the Street, says Nick Agarwal, head of UBS Alternative Research. Our clients need solutions that address not only tailored risk management requirements, but also provide them with alpha generating tools. We believe this extended relationship with Abacus strengthens our offering to UBS clients.
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