Institutional investment data and analytics specialist eVestment is to collect and manage French independent investment consultan insti7’s asset manager data while insti7 will incorporate eVestment data analytics solutions into its management selection and monitoring processes.
insti7 consultants will use eVestment to understand and analyse data from asset managers with whom they have existing relationships. eVestment also allows insti7 consultants will be able to access data on 4,200+ asset managers globally reporting to eVestment. These asset managers report on more than 24,500 institutional investment products across asset classes, geographies and investment styles, representing more than USD42 trillion in assets under management.
“eVestment enables investors and consultants like insti7 to perform quantitative and qualitative analysis on the entire collective of asset managers eligible for a mandate, rather than a short list,” states Jean-Philippe Quittot, Managing Director, Head of EMEA at eVestment. “Through this, they are able to find the absolute best-fit managers for their clients.”
“eVestment provides consultants with global and transparent data on liquid investment strategies as well as tools to increase transparency in the private markets and will allow insti7 consultants to focus on analysis and knowledge of the industry,” says Benoît Boru, insti7’s CEO. “The eVestment database will allow us to increase our coverage and to select the best strategies for our institutional clients.”
“This partnership benefits the entire French institutional investment community,” says Quittot. “It enables more asset managers to share their expertise with insti7 to better inform the French institutional investors about their firms and their strategies.”
