UK - Hendersons, the UK-based asset management company, has activated IMS Enterprise, Russell/Mellon CAPS' daily security level performance and attribution system.
IMS Enterprise aims to meet managers’ information needs across performance measurement, client reporting or marketing and can report on flexible time periods.
Cliff Wood, Hendersons’ director of risk and performance measurement, said: “We now have a system that is capable of catering for the anticipated growth in our funds under management.
“We can load and calculate results from 10pm every night. This frees up our staff to concentrate on reviewing and reporting the results.”
Hendersons have 250 institutional funds and around 350 sub-funds live on the system. Over the next six months, they plan to add around 150 non-institutional funds including their retail, investment trust and life fund ranges.
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