PLANO, Texas – November 30, 2006 -- Mcube Investment Technologies, LLC
(http://www.mcubeit.com/)
announced that San Diego County Employees’ Retirement Association
(SDCERA), a multi-employer retirement system in California
with $7.4 billion in assets under management, has signed
on as a client for AlphaEngine® .
AlphaEngine® is a web-based software that helps
manage portfolio decisions in a disciplined and systematic
way. It allows investors to evaluate a broad range of investment
strategies for all asset classes and use these strategies
to guide ongoing portfolio decisions. AlphaEngine® can also be used to evaluate external managers individually
or as a group. Clients can customize analyses to their specific
internal portfolio structure, benchmarks and policy constraints
and perform “what-if” analyses in a few minutes. AlphaEngine® can facilitate effective risk management, better governance
through transparency in decision-making, higher returns
and cost savings.
David Deutsch, CIO at SDCERA said: “SDCERA has a long and
positive history of implementing innovative investment strategies,
including pure alpha and overlay programs. We decided that
it was also important to begin to manage our beta decisions
through a process we call BetaEngine to help improve returns.
The Mcube product was appealing as it allowed
us to test many ideas about our beta assets quickly, effectively
and transparently.” Lisa Needle, SDCERA’s Assistant CIO,
added: “We were initially looking to improve our rebalancing
procedures and the . AlphaEngine® allowed us
to test a better approach with the potential of meaningful
value added. Moreover, we now have another tool allowing
us to research ways to improve returns and risk, including
managing our strategic currency risks and manager allocations.”
Arun Muralidhar, Chairman of Mcube Investment
Technologies said, “We are honored to have the SDCERA as
a client. SDCERA has a proven reputation as a well run and
innovative fund and their performance ranks consistently
in the top decile of public pension plans. The evaluation
process was extremely comprehensive and David, Lisa and
Brian Johnson gave us valuable feedback to improve the product.
This endorsement, therefore, serves as another strong validation
of the AlphaEngine® value proposition and further
demonstrates that even funds with small staff can easily
implement innovative and state-of-the-art investment management
approaches on the bedrock of sound analytics and research.”
Mcube Investment Technologies LLC, a U.S. company
headquartered in Plano, Texas, with offices in Europe, India
and Japan is a leading developer and provider of decision
support products for institutional investment management,
including pension plans, asset managers, consultants and
hedge fund fund-of-funds. Building on hands-on experience
as plan sponsors and researchers at premier asset management
companies, the company is facilitating a movement to the
new model of informed decision-making, key to managing complex
portfolios. Mcube has a strategic alliance with
ORTEC Consultants, NL, thereby further broadening the product
offering to best-of-breed products in asset-liability management,
performance attribution, index tracking and risk modeling.
Contacts:
Mcube Investment Technologies:
Sanjay Muralidhar, CEO, (spmuralidhar@mcubeit.com,
Phone: 1-972-608-9919)
Dr. Arun Muralidhar, Chairman, Head of Research (asmuralidhar@mcubeit.com; Phone: 1-646-591-6991
San Diego County Employees’ Retirement Association:
David Deutsch, Chief Investment Officer, (mailto:ddeutsch@sdcera.org;
Phone: 1-619-515-0150
Source : Mcube Investment Technologies LLC