Northern Trust's asset servicing platform and AltX's hedge fund intelligence platform have joined to give investors access to analytics and data visualisation tools to achieve greater transparency and overweight of their investments.
The platform gives institutional investors access to more than five million data points, including 70,000 hedge fund personal profiles, 20,000 funds, and 50,000 filings.
Northern Trust head of Americas corporate and institutional services, Peter Cherecwich, said the "new data solution raises the bar for asset owners".
"This exclusive agreement addresses our clients' requirements for better transparency and clarity around their investments, ultimately helping them drive better business results," he said.
AltX chief executive, Sam Hocking, said he was confident the partnership would maximise the potential for asset owners to increase their benefits.
"Asset owners and managers across sectors and continents are focused on deploying tools and technology to achieve enhanced oversight of their portfolios," he said.
"Our expertise in data collation and 360 degree insights into the hedge fund industry, combined with Northern Trust's focus on delivering customized data solutions for asset owners, makes for a truly innovative and powerful combination."
The sovereign wealth fund grew $11.5 billion in the March quarter, according to its latest portfolio update, having previously voiced caution about inflation’s downward trajectory.
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 homes to Melbourne’s rental market.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
Add new comment