Analyzing professional money managers can be a time consuming and bewildering task.  It requires access to a broad base of money manager data and the expertise to understand each individual money manager's investment style in order to properly evaluate its investment performance.

Utilizing the right money managers is critical to realizing investment goals.  A poor mix of money managers can lead to substandard investment performance or an increase  in risk.  In addition, replacing managers for the wrong reasons can disrupt the management of an account and result in needless additional expense without any improvement in performance.

In preparing for a Manager Evaluation, IPEX will try and gather as much information as possible from all members of the client's investment committee. A client's investment objectives, asset allocations, risk tolerance, and most importantly the client's mix of managers, are all factors that IPEX considers in analyzing the client's current management team.

After IPEX completes its evaluation of a client's current money managers, we prepare a comprehensive, written analysis.  The document analyzes each manager's investment style, asset allocation, return, risk, and risk-adjusted returns.  Benchmarks (indices) are used to provide the client with a method of evaluating the relative performance of the managers.  In addition, IPEX compares the managers to a peer group of real world managers, a money manager universe, that has the same investment style.  Most importantly, IPEX analyzes all of a client's money managers in relation to each other, to determine whether the client has the appropriate level of diversification.

When IPEX performs a Manager Evaluation, IPEX helps clients to fulfill their fiduciary responsibilities by ensuring that thy receive comprehensive, accurate and objective information, from an independent firm, on all aspects of their money managers performance.  As IPEX is unaffiliated with any money management organization, clients can be assured that IPEX will be completely unbiased in performing a Manager Evaluation.  In addition, as IPEX does not provide managers with the name of the organization requesting the information, the evaluation would be prepared on a purely confidential basis, further enhancing its objectivity.