Category Archives: Manager Databases

Getting AUM Right

When it Comes to Asset Manager Database Searches, AUM is More Important than You Might Think

AUM is one of the most important data elements in asset manager databases. Firm, asset class and product AUMs are among the first things database users screen for when they are doing searches, and many database providers rely those numbers to calculate other key search values such as asset flows into and out of the firm and their strategies. 

If the data isn’t input as soon as possible after the end of the quarter—or if the values provided raise red flags—asset managers risk being excluded from searches and having their operational integrity questioned by consultants and clients. eVestment, one of the largest global asset manager database providers, reports that databases are now being analyzed three and four days into the quarter.   Read more…

7 Best Practices for Asset Management Database Success

Providing data to multiple databases is a fact of life if institutional asset managers want to compete in new business opportunities.

The most important thing a manager can do to ensure success is to avoid triggering red flags that will exclude them from consideration by consultants and asset owners.  That means data inputs must be timely, accurate and consistent across multiple databases for every single reporting period.

Sounds simple, right?

It’s not.

Read more…

Stale Data in eVestment?

When it comes to submitting your firm’s data to manager databases, time is of the essence. Consultants and asset owners won’t wait for you to update your data when hundreds of other managers have timely information ready to review. In short, being late with data updates will cost you mandates.

While eVestment Omni does a great job of populating manager databases for you, it’s still up to you to submit your data on time. Manually preparing Excel files required by eVestment puts a strain on a firm’s resources at the busiest times in their reporting cycle, and can also introduce “last-mile” errors. Being late and/or inaccurate will cost you mandates from institutional clients.

Read more…

Inaccurate Data in eVestment Can “Red Flag” Your Firm

Inaccurate information in manager databases raises a big red flag for consultants and asset owners reviewing your firm. In the worst case, it can take your firm out of contention for new mandates. But even minor errors—especially a pattern of errors over time—can lead to embarrassing questions during client reviews or marketing meetings, and trigger operational due diligence probes by consulting firms.

eVestment Omni does a great job of populating manager databases for you, but it’s still up to you to make sure the data you submit is accurate. Manually preparing these input Excel files can introduce “last-mile” errors that cost you mandates from institutional clients.

Read more…

Incomplete Data in eVestment Can Eliminate You from Searches

Did you know that some consultants are now running negative screens for missing information on their manager databases? Investment firms with holes or incomplete data elements can be eliminated from qualified searches. And saying “Whoops! Sorry, we missed that one!” won’t help. Even if you correct the omission, it can take several reporting cycles for your firm to be back in contention.

Incomplete data in manager databases is almost always the result of “last-mile” errors caused by manual or quasi-automated processes used to populate these databases.

Read more…

Are Your Sales Efforts Sabotaged by Inconsistent Data in RFPs/Databases?

Consultants cross-check the performance numbers and other data in your RFP responses and pitch books against what they have stored in manager databases. Manually induced inconsistencies can automatically bounce you out of qualified searches and/or open your firm up to additional operational due-diligence scrutiny.

Even if discrepancies are easily explained and corrected, the very fact that they slipped through can hurt your firm’s reputation for operational best practices.

Read more…

eVestment Omni Input is Now Automated with Assette

Manager databases play a crucial role in institutional searches. Consultants and asset owners rely on manager databases to make allocation decisions.

Having up-to-date, timely, complete and accurate information about your firm in databases is a must-have to win institutional business.

Read more…