Rimes to Exploit Buy-Side Benchmark Pressure

DELIVERY TECHNOLOGIES

Rimes Technologies is targeting the buy side with a new portfolio attribution product, Rimes Performance Plus, officials say.

Rimes is looking to take advantage of the increasing pressure on fund managers to meet or beat the performance of industry benchmarks and justify investment styles and decisions, they say.

Performance Plus provides a file of data from benchmark equity and fixed- income index suppliers that allows buy-side firms to compare the performance of their portfolios and portfoli

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