SOURCE: FinAnalytica

July 08, 2008 12:42 ET

Henderson Capital Management Selects FinAnalytica's CognityFoF Portfolio Construction Platform

NEW YORK, NY and BOSTON, MA--(Marketwire - July 8, 2008) - FinAnalytica Inc. today announced that Henderson Capital Management has selected FinAnalytica's flagship CognityFoF as its risk management and portfolio construction system. CognityFoF is the only fully transparent "post-modern" platform available for returns-based multi-manger risk analytics. Henderson Capital Management is a Boston-based multifamily captive hedge fund of funds.

Henderson chose CognityFoF after a comprehensive search. CognityFoF supports manager screening and selection, factor analysis, portfolio risk decomposition, dynamic backtesting, downside risk optimization, stress testing and crisis simulation.

Henderson CEO Mark Pearl remarked, "We are excited about going live with CognityFoF. CognityFoF provides the analytics for deeper insights about the risks of the funds in our portfolio, with the modeling capabilities to help identify ways of better managing portfolio level risk. FinAnalytica recognizes that managers need more sophisticated analysis to optimize fund management. We hope to gain significant benefits in optimization of our portfolio."

"We are extremely pleased to welcome Henderson Capital Management as a member of our growing client base," said Doug Martin, CEO of FinAnalytica. "In today's volatile markets, fund of funds require risk and portfolio construction analytics that provide a viable alternative to the inadequate normal distribution model of hedge fund returns. CognityFoF's post-modern approach uses fat-tailed skewed distributions and downside risk measures to better support the full investment process. I am confident that Henderson Capital Management will attain increased confidence through accurate, transparent portfolio risk decompositions, and will achieve better portfolio performance using downside risk budgeting-based allocation decisions."

About Henderson Capital Management

Henderson Capital Management was founded in 2002, and manages a captive fund of hedge fund. Henderson Capital Management aims to generate superior returns by investing in a diverse group of investment managers, with a strategy to achieve a low level of correlation to the traditional equity and fixed income markets.

About FinAnalytica

FinAnalytica is a leading provider of "glass box" portfolio and risk management solutions for quantitative analysts and portfolio managers. FinAnalytica's Cognity software suite incorporates the latest and most transparent advances in analytics, including comprehensive treatment of real world fat-tailed and skewed asset returns. FinAnalytica clients include leading fund of funds, hedge funds and asset management firms. Further information:

Contact Information

  • Contacts:
    Michael Palmieri
    FinAnalytica Inc.
    New York City
    (212) 551-1147
    Email Contact

    Ann Chalmer
    Henderson Capital Management
    (781) 207-1485
    Email Contact