Incisive Media has signed a co-operation agreement with SharingAlpha that will facilitate publishing of ratings data on funds and providers, and most popular funds and providers as allocated in virtual funds of funds, identified through SharingAlpha’s user-generated fund-ratings platform.
Thr platform has recently become the largest fund rating agency in the world in terms of the number of fund selectors that contribute their views on collective investment vehicles.
The agreement means that Incisive will be able to present the data on its financial websites, such as Investment Week, to benefit professional fund buyers who are looking to benchmark funds and providers on the basis of peer selection. They will also be able to benchmark their own performances as fund buyers against industry peers.
A list of top-ranked fund selectors and asset allocators will also be published as part of the agreement.
Oren Kaplan, CEO and co-founder of SharingAlpha, said: “Our vision is to offer the investment community a better way to select winning funds and at the same time to offer fund selectors and investment advisers the option of building their own proven long term track record.
“It’s about time that funds are rated on the basis of parameters that have been proven to work and fund selectors and investment advisers will be judged according to their ability to add value to investors.
“We strongly believe that the cooperation with Incisive Media will help us in exposing a larger audience to our unique ratings.”
Jonathon Whiteley, managing director of Incisive Media, said: “We are very excited to be working with SharingAlpha. Their innovative approach to ratings provides a valuable service to both fund providers and fund selectors.
“The content generated by SharingAlpha will be published across our websites and publications and will further enhance their value to the audiences we serve.”