GLOBAL - Watson Wyatt has appointed eVestment Alliance (eA) to provide it with investment manager research on Europe and the Far East.
Craig Baker, global head of manager research at Watson Wyatt, said: "Our research team comprises 150 people globally who will use the quantitative input from eVestment, now on a global basis. Our in house team will go on carrying the qualitative analysis."
He added, by having the relevant information on fund managers fed directly into their database, the deal with eA would free up resources which could be allocated more appropriately.
Baker said this would not imply any headcount reduction in Watson Wyatt's research team, but it would generate more operational efficiency.
eA said the web-based portal, called the eASE Global Database, was designed to be an online conduit for fund managers to efficiently distribute data to eA's client subscribers, typically institutional investors such as consultants, pension funds, financial advisors and their intermediaries.
It added while the suite of online analytical tools, eASE Analytics, was paid for by subscribers, data submission itself was completely free for fund managers.
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