Charles River Development has formalised a partnership with Northfield Information Services to integrate Northfield’s portfolio optimiser and suite of cross-asset factor models in the Charles River Investment Management Solution (Charles River IMS).
Under the agreement, Charles River clients will have access to all of Northfield’s factor models including equity, REIT, private equity, multi-asset models and others.
Together with Charles River’s portfolio management, risk and attribution capabilities, Northfield’s factor models help firms identify, measure and reduce risk across asset classes, and gain a consistent view of performance and risk. Northfield’s models support both absolute and relative return strategies and cover all traded securities and illiquid assets globally. The Northfield Portfolio Optimizer enables clients to create portfolios that deliver more return for each level of risk, while incorporating each manager’s preferences and investment style. Charles River clients can also incorporate third party factor models, analytics, and data sources to support their unique mix of investment products and strategies.
Dan diBartolomeo (pictured), CEO, Northfield, says: “Our innovative risk management solutions are a natural extension to Charles River’s investment platform that help clients integrate factor-based risk, attribution and portfolio optimization in their investment process. As institutional portfolios grow in sophistication and complexity, our partnership will enable clients to benefit from our shared expertise.”
“We have been working with leading providers of factor models to provide our clients with the best possible solution for managing their portfolios,” says Peter Lambertus, CEO, Charles River. “The Northfield partnership is an important step forward to help our clients manage and monitor risk and gain a unified view of performance and risk.”
