POWERED BY MOMENTUM MEDIA
JP Morgan launches portfolio analytics tool
JP Morgan has launched a portfolio analytics tool that it claims will help superannuation trustees comply with the new standard risk measure (SRM) classification system.
The SRM system is based on guidance by the Financial Services Council and the Association of Superannuation Funds of Australia regarding the disclosure of investment risk in the shorter product disclosure statement (SPDS) regime.
JP Morgan's Online Portfolio Analytics Lab (OPAL) is a web-based tool that allows superannuation trustees to quickly analyse their underlying data and assess their level of investment risk, according to David Braga, JP Morgan's Investor Services Product head for Australia and New Zealand,.
"The Standard Risk Measure can be simply derived from the Portfolio Construction Tool (PCT) module within OPAL," Braga said.
"Beyond its application to the Standard Risk Measure, OPAL has been designed to support institutional investors with their decision-making around investment manager selection and asset allocation," he added.
The SRM was introduced on 22 June 2012, and required superannuation trustees to classify each investment option on a 'one to seven' scale (where 'one' is very low risk and 'seven' is very high risk).
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
