What still seems a novel idea, bringing risk advisory services to the forefront of asset managers’ investment decision making and asset allocation processes has long been expounded by S&P Capital IQ. Leveraging unique data-sets, research and analytics that it develops in-house, S&P Capital IQ recently launched the Global Markets Intelligence (GMI) group to work in partnership with managers, as non-discretionary advisors, to achieve exactly that.
Following the launch, our outreach resulted in coverage in Financial Times’ fund management supplement, on FT.com and in Financial News, with FTfm succinctly describing GMI as a new advisory business set up to provide “risk-based equity and fixed income portfolio strategies”.
This week, we followed up the launch announcement with news of a partnership with leading French asset manager, La Francaise Asset Management (LFAM). GMI will provide LFAM with risk advisory services for a new fund – based upon S&P Capital IQ’s “Risk-to-Price” scoring system for corporate bonds, which evaluates how well an individual security compensates its owner, through yield, for its embedded market and credit risks.