On December 4, 2012, eVestment announced the addition of StockTrib to our growing family. StokTrib is a holdings-based attribution software solution that provides institutional clients with deeper insight into how portfolio returns are generated. StokTrib seeks to more accurately evaluate a manager’s effectiveness by creating and using custom passive benchmarks that reflect the allocations and style of the manager. The solution determines “effective performance” which considers the timing, length and volume of an equity hold compared to the performance of that holding, providing an assessment of a manager’s “skill” in predicting market shifts rather than just representing “style.”
StokTrib is a holdings-based portfolio attribution system that allows clients to identify and isolate performance returns that can be attributed to manager skill rather than style. The technology behind StokTrib helps the institutional consulting and investor communities to make optimal decisions as it relates to manager selection and on-going manager monitoring. StokTrib was created by Ron Surz, a long-time industry veteran and president of PPCA who has spent the majority of his career as an investment consultant.
Learn more about the acquisition by reading the press release.