Source: DST International
Harvard Management Company (HMC), which is responsible for the management of the largest endowment in the world, has today confirmed that it will turn to DST International (DSTi) for its performance measurement system, including multi-asset class performance, attribution and ex-post risk.
HMC manages the endowment's assets through highly diversified strategies, including equity, bonds, commodities, real estate, private equity, overlay, and hedging. DSTi's HiPerformance system will be used to measure, analyze and decompose performance across HMC's investment approaches.
DSTi's HiPerformance system includes a sophisticated query tool and web front end. DSTi will deliver a "turn key" system designed to require minimum configuration, with installation being handled at DSTi's offices in order to preserve HMC resources.
Marcus Ansell, President of DSTi's North America operations said, "We are delighted to welcome Harvard Management Company to our client base. HMC has long been recognized as providing thought leadership to the investment community. We recognize HMC as an innovator in the industry and are delighted to have them as a client as we invest in and develop the system in the years to come."