SUMMIT, N.J.--(BUSINESS WIRE)--Markov Processes International (MPI), a provider of superior tools for analyzing investment performance and risk, today announced that Wurts & Associates (Wurts), a Seattle-based investment consultant with over $40 billion in assets under advisement, has elected to use MPI’s industry-leading quantitative software. Wurts’ Manager Research group has implemented Stylus Pro, MPI’s flagship product, for fund due diligence, monitoring, asset allocation and performance reporting. The group uses Stylus Pro for analysis of mutual funds, separately managed accounts, hedge funds and portfolios across all strategy types and asset classes.
In their ongoing efforts to utilize the best manager research methods and solutions, Wurts sought out quantitative methods and associated analytics to complement their due diligence and monitoring processes. Beyond MPI’s array of proprietary predictive analytics and models for precise returns-based analysis, including the functionality to model managers by style and risk factors, Stylus Pro’s flexibility, easy integration into workflows, customizable templates and comprehensive reporting capabilities were motivating factors in Wurts’ decision.
“Our independent, research-driven investment solutions and advice are at the foundation of our fiduciary role to clients,” said Brian Rowe, Director of Manager Research at Wurts. “MPI’s powerful analytics ensure that our quantitative processes match our rigorous qualitative screening. With Stylus Pro, we are able to more precisely model managers to detect and separate alpha from beta. As well, we can assess the market and risk factors contributing to a manager’s returns. Our conversations with managers, therefore, have become more insightful and transparent, resulting in better and more tailored advice, solutions and reporting for our clients.”
Michael Markov, Chairman of MPI, said, “As an institutional consulting group that is known for their distinct approach and rigor, it is an honor to have Stylus Pro implemented at Wurts. We are in a new age where volatile markets continue unabated, one where viewing managers and portfolios with advanced quantitative means is crucial. Investors are increasingly demanding and rewarding those fiduciaries with the tools and expertise to make truly informed investment decisions that will preserve and grow capital.”
For more information on Stylus Pro, please visit: http://www.markovprocesses.com/products/stylusprov10.htm
About MPI:
Markov Processes International, LLC (MPI) is a leading provider of solutions for investment research, analysis and reporting to the global wealth and investment management industry. MPI has more than 300 client organizations, including pensions and endowments, sovereign wealth funds, global wealth management firms, institutional consultants, investment advisors and asset managers. Rooted in the principles of transparency, objectivity and efficiency, MPI takes an innovative approach to problem solving in the areas of fund analysis, risk management, asset allocation and portfolio construction and reporting to ensure its clients have the tools to succeed in ever-crowded markets.
About Wurts & Associates:
Wurts & Associates has been providing institutional clients with thoughtful and independent investment advice for over 25 years. Today their clients’ assets total over $40 billion and include educational and charitable organizations, corporate and public retirement funds, health care and financial institutions, and multi-employer trusts. The firm distinguishes itself through a highly qualified, multi-disciplined group that regularly publishes internally developed research covering capital markets, private equity, real estate, hedge fund of funds, and active management that helps educate and inform their clients with our firm’s best ideas. Wurts & Associates is completely independent and does not belong to a larger organization that provides other services. Being 100% employee owned is an important differentiator of theirs, as it directly aligns our efforts with client goals and ensures the advice given is based on research, not competing interests. For more information, please visit www.wurts.com.