BarraOne Selected by Two of Australia’s Largest Super Funds
BarraOne Selected by Two of Australia’s Largest Super Funds
Cbus & HESTA Choose BarraOne for Risk Management
MSCI Inc. (NYSE:MSCI), a leading provider of investment decision support tools worldwide, announced today that two of Australia’s largest superannuation funds, Construction and Building Unions Super (Cbus) and Health Employees Superannuation Trust (HESTA), have selected BarraOne, MSCI’s multi-asset class risk management and performance attribution platform, to help improve their respective investment processes.
“Cbus has a large allocation to unlisted assets. The integration of IPD data with Barra’s real estate models and extensive research covering infrastructure, private equity and hedge funds is extremely valuable to us,” said Kristian Fok, Executive Manager of Investment Strategy for Cbus. “MSCI’s proven track record of successful implementations in the region made them the only choice as a long-term partner.”
Rob Fowler, Executive Manager – Investments and Governance at HESTA, said, “Environmental social and governance factors are increasingly important to our investment decisions, so having access to global data via MSCI’s BarraOne simplifies the process considerably. We also appreciate the access we have to the international research team and the ability to work directly with local client support staff.”
Cbus and HESTA will use BarraOne as a platform for risk management and asset allocation decisions, to conduct performance analysis and to satisfy The Australian Prudential Regulation Authority (APRA) reporting requirements. BarraOne provides integrated risk and performance analytics with global, multi-asset class coverage for public and private asset portfolios and has been widely adopted by leading asset owners.
Michael Anderson, Executive Director and Head of MSCI Australia, said, “The continued adoption of BarraOne by some of the largest fund managers in Australia reinforces the value of MSCI’s risk tools and the strong demand from institutional investors for our products and services as the profile of risk management continues to rise. We look forward to working with Cbus and HESTA, two of Australia’s largest and most influential super funds, as they further develop their risk management processes.”
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools.
The company’s flagship product offerings are: the MSCI indices with approximately USD 7.5 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indices and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS corporate governance research, data and outsourced proxy voting and reporting services; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.
1As of March 31, 2013, as reported on July 31, 2013 by eVestment, Lipper and Bloomberg
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