Mirror the full investment decision process that reflects real-world portfolio management
PEARL’s flexible performance framework models multi-layered portfolios from total fund to mandate level and underlying securities, covering both public and private assets, supporting a full range of return methodologies, advanced benchmarks, and risk budget monitoring.
Capture policy and liability-relative targets, blended asset class exposures and manager objectives through user-defined and layered benchmark structures, enhanced by robust derivative handling, look-through and proxy capabilities.
Together with PEARL’s workflow and extensive reporting capabilities, it delivers comprehensive, transparent and context-rich analytics at every level.
Why PEARL’s framework?
Facilitate performance attribution that clearly decomposes added or lost value across strategic, tactical, and implementation decisions, providing precise insights to inform stakeholders where outcomes align with objectives or indicate necessary adjustments.
Generate
- Flexible return definitions based on ABOR/IBOR, price, income, trading, and currency effects, ex-post risk statistics, risk-adjusted returns and more
- Strategic policy benchmarks at the total fund level through complex composites, all the way down to the portfolio level
- Overlay specific benchmarks such as currency hedging or tactical tilts
Evaluate
- Isolate the impact of deviating from policy benchmark decisions across time at all fund levels
- Assess consistency of manager performance relative to their intended role in the portfolio
- Quantify the effectiveness of overlays like currency hedging as standalone decisions
Distinguish
- Strategic, tactical, dynamic and operational strategies
- Active management decisions
- Intended and actual exposures to main return drivers
- Overlay strategies
About PEARL
PEARL is Ortec Finance’s established performance measurement and attribution solution. It helps asset owners, asset managers and fiduciary managers to obtain deep insights through decision, currency, multi-asset, equity, fixed income and factor attribution models. PEARL combines proprietary decision and currency overlay attribution models with flexible and time dependent fund and benchmark hierarchies to calculate the added value of each investment decision. Its comprehensive analysis contributes to a feedback loop that enhances the overall investment decision framework.
Contact
Elske van de Burgt
Managing Director Investment Performance
Oliver Henriquez
Sales Director, EMEA