Axioma and Credit Suisse’s HOLT Business Launch Integrated Offering
NEW YORK -- September 16, 2013
Axioma and Credit Suisse today announced that Axioma is now integrating and
redistributing HOLT’s fundamental-factor data within Axioma Portfolio
Analytics, the company’s expanding set of portfolio risk and return analytics.
The partnership strengthens the capabilities of Axioma Portfolio Analytics,
delivers increased value to mutual clients of Axioma and HOLT, and opens a
channel to new customers for HOLT’s investment products and services.
“We are delighted to be partnering with Credit Suisse’s HOLT business,” said
Chris Canova, Vice President for Product Management and Strategy. “Like
Axioma, HOLT is dedicated to giving clients the best perspectives for making
better investment decisions. We are confident in the value of leveraging
HOLT’s fundamental data in a quantitative framework, and enabling clients to
benefit from that data using Axioma’s industry-leading analytics.”
“We are excited to partner with Axioma,” said Adam Steffanus, Director and US
Head of HOLT Investment Strategy. “HOLT offers a differentiated framework to
fundamental portfolio managers and integrating HOLT’s fundamental factor data
within the Axioma platform will enhance the investment processes of our mutual
clients. As HOLT grows in the quantitative space, the Axioma partnership will
make HOLT’s framework more accessible to our most important clients.”
Axioma Portfolio Analytics enables users to bring more information and
insights to bear on their investment process, resulting in improved
understanding of the sources of portfolio return and improved control of risk
HOLT data provides an objective view of over 20,000 companies worldwide. By
examining accounting information, converting it to cash and then valuing that
cash, HOLT’s methodology provides unique insights into a company’s corporate
capital structure and identifies key drivers of value that other methodologies
may overlook. HOLT’s tools are widely used to assess corporate performance, to
generate new investment ideas, and to evaluate current investments.
The HOLT fundamental-factor data have been integrated into the Performance
Attribution module of Axioma Portfolio Analytics, and into the Axioma Risk
Model Machine, the combination of Axioma software and Axioma risk models that
enables users to build custom risk models tailored to their own investment
process. The data consists of monthly history from January 1982 for US
securities, and from January 1997 for global and regional securities.
As an immediate result of the agreement, mutual customers of Axioma and HOLT
now have the ability to use the HOLT factors to produce custom risk models
with the Risk Model Machine, and to leverage those models for performance
attribution, risk analysis and portfolio construction.
“For those managers who rely on HOLT data as a critical component within their
investment process, the integration of these factors within Axioma Portfolio
represents a compelling solution to efficiently produce and leverage custom
risk models for risk reporting and performance attribution. We continue to see
the growing number of asset managers we work with recognize the value and
importance of incorporating tailored quantitative tools into their overall
portfolio management and risk-management processes,” said Canova.
For more information, please contact Topher Wurts at Axioma,
email@example.com, or Adam Steffanus at HOLT, firstname.lastname@example.org
or their HOLT sales contact.
Axioma is the leading provider of innovative risk-management and
portfolio-construction solutions to financial institutions worldwide. Axioma
Portfolio Optimizer™, Axioma Performance Attribution™, Axioma Backtester™ and
Axioma Portfolio Analytics™ help clients build better portfolios. Axioma
Robust Risk Models™ enable clients to better understand and manage market
risk. Axioma Risk Model Machine™ allows clients to build custom risk models
tailored to their investment process. Indices created by Axioma and its
partners—Russell Investments, NASDAQ, STOXX and CSI Indices—are used worldwide
as benchmarks and to construct ETFs and other instruments. Founded in 1998,
Axioma is headquartered in New York, with offices in Atlanta, Geneva, Hong
Kong, London, San Francisco, Singapore and Sydney. For more information,
please visit www.axioma.com.
Axioma Portfolio Optimizer, Axioma Performance Attribution, Axioma Backtester,
Axioma Portfolio Analytics, Axioma Robust Risk Models and Axioma Risk Model
Machine are trademarks of Axioma, Inc.
About Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers
and is part of the Credit Suisse group of companies (referred to here as
'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer
clients its expertise in the areas of private banking, investment banking and
asset management from a single source. Credit Suisse provides specialist
advisory services, comprehensive solutions and innovative products to
companies, institutional clients and high net worth private clients worldwide,
and also to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50 countries worldwide. The group employs
approximately 46,300 people. The registered shares (CSGN) of Credit Suisse's
parent company, Credit Suisse Group AG, are listed in Switzerland and, in the
form of American Depositary Shares (CS), in New York. Further information
about Credit Suisse can be found at www.credit-suisse.com.
About Credit Suisse’s HOLT Business
HOLT is a value-based, return on capital framework proprietary to Credit
Suisse. HOLT uses this valuation and corporate performance framework to help
institutional investors across the entire investment process, from idea
generation and company analysis to portfolio construction and risk management.
The HOLT framework covers over 20,000 companies in 65 countries.
HOLT was founded in the 1980’s and the name “HOLT” originated as an acronym
from the first letters of each of the founders last names. HOLT was acquired
by Credit Suisse in 2002 and has approximately 100 professionals on the ground
in the Americas, Europe, Asia and Africa. For more information, please visit:
Jon Brubaker, 646-747-0156
Katherine Ewert, 212-325-7545
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