MBA Systems has added a new portfolio performance facility to its Speedreport client reporting service, which enables reports to include benchmark-based graphic illustrations that show the percentage change in value over a selected time period. The vendor claims the new facility is in response to the recent volatility in the markets in order to allow firms to view benchmark data in a clearer format.
Stephen Taylor, director of MBA Systems, explains: “There is a growing demand from both private and institutional investors to receive performance details relating to their investments. This new portfolio performance facility enables investment managers to show their clients not only how the value of their portfolios has changed over time, but also helps them to appreciate the relative performance of their investments in relation to the wider industry sector.”
The benchmark measure used is calculated from various market indices, such as the FTSE 100, in a combination to emulate the composition of a portfolio. In this way, portfolios are given different benchmarks to reflect the type of assets they contain. Comparison between a portfolio’s performance and its given benchmark is illustrated on a graph contained within the report.