IN THIS ISSUE

Report of the Quarter

Triangle Report
With market volatility at an all time high, performance analysis and manager selection has become more complex.  The decision to hire or fire managers and reallocate funds across various asset classes is important and the timing of these decisions can significantly impact investment performance. 

BNY Mellon Asset Servicing has created the “Triangle Report” that incorporates multiple start and end dates on a single performance report.  This report provides insight into the impact of start dates for individual managers and also spot trends over various time periods and changing market conditions.
 
The Triangle Report allows you to:

• Report on up to 100 accounts or composites
• Choose any available beginning and ending dates
• Specify the reporting type – monthly, quarterly, or yearly basis
• Isolate performance to specific time periods to view performance in up and down markets

Within this sample report, the user has selected September 2008 as the ending date with 12 reporting periods on a quarterly basis.  For the Period Ended December 2006, there was a 240 basis point impact on performance based on two “start” dates of October 2005 and January 2006. 

If you have any questions regarding this report or any of our products and services, please contact your Investment Analytics Consultant.