Alpha Theory, the investment industrys leading Fundamental Portfolio Optimization tool, announces a partnership with Greenwich Prime Trading Group, LLC.
Charlotte, NC, April 06, 2009 -- Alpha Theory is pleased to announce that they will be accepting payment for its Fundamental Portfolio Management tool through Greenwich Prime Trading Group, LLC. Greenwich Prime and its customers can utilize a commission pool, which is a pool of commissions that by agreement are set aside for obtaining research services, to pay for Alpha Theory. Payments made for Alpha Theory under this arrangement qualify for the Safe Harbor under section 28(e) of the Securities Exchange Act of 1934.
Our relationship with Greenwich Prime provides clients the ability to utilize Alpha Theory while not sacrificing on trade execution to do so, said Cameron Hight, President and CEO of Alpha Theory. In an environment where efficiency and transparency matter more than ever, and constant improvement is required to keep pace with the industry, Greenwich Prime and Alpha Theory deliver best-of-class platforms to help our clients maintain and grow their competitive edge.
Jon Goldstein, Greenwich Prime Trading Group, LLCs Director and CFO, said We are pleased to have the opportunity to work with Alpha Theory. As former hedge fund managers and financial industry veterans the Alpha Theory team understands how inefficiencies in portfolio management can have a significant effect on performance. Their approach to efficient portfolio management coupled with our high-touch trading solution, both of which are conflict-free, provide our clients with the tools to maximize returns for their investors. Additionally, clients are able to unbundle their commissions and clearly distinguish between the cost of execution and the cost of research thus providing greater transparency.
About Alpha Theory Alpha Theory cures the most pervasive problem that fundamental investors face; their portfolios do not accurately reflect their underlying research. Fundamental investors make money by building a portfolio of assets that have greater potential upside than downside. To maximize a portfolios overall potential return while minimizing risk, investors must use each assets risk-adjusted return to determine the appropriate position size. Risk-adjusted return is the only way to ensure that a portfolio accurately reflects the underlying research. However, a majority of investors do not utilize risk-adjusted return to size positions. Instead, they rely on rapid-fire mental calculations to manage a portfolio of constantly changing risk/rewards, asset qualities, and position sizes.
Alpha Theory is a patent-pending Fundamental Portfolio Management Platform, created by a hedge fund, that gives investors a real-time framework to distill each assets research into a risk-adjusted return that is then used as the foundation to maximize risk-adjusted return for the entire portfolio. One inefficiently sized position can cost a fund millions of dollars and several inefficiently sized positions can put a fund out of business. As a result, the discipline of determining position size based on risk-adjusted return is the closely guarded secret and competitive advantage of some of the largest, most successful investors in the world. Alpha Theorys solution enhances that competitive advantage by combining the innovations and best practices of hundreds of portfolio managers, analysts, investment advisors, and other investment professionals into one portfolio management framework and overcomes the alpha-destroying effects of inefficient position sizing that plague fundamental investing today. For further information, please visit www.AlphaTheory.com, blog.AlphaTheory.com or the demo at www.AlphaTheory.com/demo.
About Greenwich Prime Trading Group, LLC Greenwich Prime Trading Group, LLC is the pioneer of outsourced trading services for institutional clients. The Group was initially formed by Barry Savitz as a division of Furman Selz in 1993. In 2001, following acquisitions by ING Barings and ABN- Amro, Mr. Savitz along with Patrick Connors and Daniel Lilly formed Greenwich Prime Trading as an independent Group. Eric Savitz and Adam Hahn have since joined the original Greenwich Prime team. Greenwich Prime adheres to strict principles of client confidentiality while remaining conflict free focusing on information flow and seeking to provide best execution for its clients.
Greenwich Prime Trading Group, LLC has recently partnered with four former senior members of Williams Trading, LLC. Joining Greenwich Prime are Henry G. Higdon III and Daniel Ike Groff, two of Williams senior equity traders. Also, joining Greenwich Prime are former Williams Chief Financial Officer and Chief Operating Officer, Jon Goldstein and Head of Operations, Daniel DiSpigna. Mr. Higdon and Mr. Groff, both Merrill Lynch alums, spent the past seven to eight years at Williams as senior traders specializing in U.S. and Canadian equities for a diverse group of institutional clients. Mr. Goldstein spent the past eight years with Williams where he was responsible for global financial and regulatory related issues. Mr. DiSpigna was with Williams for eleven years where he developed, ran and supervised the global operations for the company.
Greenwich Prime Trading Group, LLC is a member of FINRA and SIPC.
Greenwich Prime Trading Group, LLC Contact Information Jon Goldstein Director and CFO Greenwich Print Trading Group, LLC (203) 388-4806 (phone) jgoldstein@greenwichprime.com Press Release Distribution By PressReleasePoint
Fundamental Portfolio Software Company Launches Blog - Alpha Theory, the investment industry’s leading Fundamental Portfolio Optimization tool, recently launched a blog on their website: AlphaTheory.com.Charlotte, NC, February 24, 2009 -- Hedge and mutual .. (142 Views)
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