Commentary: Fixed income attribution – evolution, not revolution
Mutual fund managers are navigating an increasingly complex environment. Profound changes in asset owner preferences, ever-increasing demand for alpha, downward pressure on fees and changes in the regulatory landscape, are making the need to be agile – to anticipate and react quickly and efficiently to change – imperative. Furthermore, pressures to reduce costs and improve margins are causing firms to focus on operational efficiency and rationalize their existing product suite and asset classes. As such, mutual fund managers must disrupt their traditional operating models in order to succeed.
In Fund Operations, RiskFirst’s Charles Glah, Product Manager for Attribution Analysis, looks at new approaches to understanding the drivers of portfolio performance, and how technology can re-shape operating models.