Improve transparency and accountability of fund managers by monitoring activity based on a consistent benchmark with GBST’s proven post-trade tax and performance analytics.
With GBST’s performance and attribution reporting, superfunds are able to measure how well each manager performs against a given benchmark, which can be standardised to incorporate after-tax considerations. This improves transparency and accountability, enabling trustees of superannuation schemes to monitor the decision making processes of a range of fund managers on a level playing field.
Using complex methodology and multiple data sources to create an accurate measurement of portfolio value, the analytics:
As a result, portfolios are accurately valued against absolute returns and managers can be rated on consistent performance criteria.
Built using a robust rules-based calculation engine, GBST’s tax engine can handle any level of complexity regarding investment tax. This means that benchmark solutions can range from slight variations, to standard industry indices, to completely customised calculations.
Our after-tax calculations can be tailored to match the client profile, including the effect on the portfolio of:
GBST’s Quant capabilities have been added to expand the after-tax calculation services into global equities on the MSCI global index series, one of the largest provider of indices around the world.
GBST calculates after-tax benchmarks in accordance with Warakirri Asset Management’s proprietary after-tax methodology for their After-tax Performance Analytics Service.
Superannuation funds can now maximise after-tax returns for their members by enabling fund managers to easily access tax information and incorporate it into their investment process. Managers are able to gain a better understanding of pre-trade tax implications using Tax Analyser, our sophisticated analytics engine and web-based tool. At the same time, superfunds are able to monitor manager behaviour and see visible results.