Vestek Forecasts Fund Returns With Performance Data

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SAN FRANCISCO--Primark Corp.'s Vestek subsidiary says it is coming up with accurate forecasts of fund performance by matching high-end analytics and historic performance data with its Vestek Select service. The software firm has already signed more than 80 buy-side clients to the service, which was launched last year. The two most recent clients are Oakmark Funds of Chicago and RS Investment Management--formerly Robertson Stephens Investment Management--of San Francisco.

Earlier this year Vestek

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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