Wurts & Associates selects MSCI BarraOne
6 August 2012
MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that Wurts & Associates has selected BarraOne as an integral tool in their investment process.
Wurts & Associates, a Seattle-based investment consultant with USD 40 billion in assets under advisement, will utilize BarraOne for both their newly launched Outsourced CIO (OCIO) platform as well as within their traditional, non-discretionary client base. BarraOne is being used by key practitioners in the industry to move from the traditional asset class asset allocation exercise to a more actionable risk factor-based approach.
"BarraOne will serve as the backbone to our risk-based asset allocation approach to fiduciary management at Wurts," said Jeff Scott, CIO, at Wurts. "We have a strong commitment to our risk management practices, and BarraOne provides a coherent, multi-asset class framework for interactive risk analysis." By combining global public markets coverage with alternatives and private asset class modeling, BarraOne enables Wurts to tailor allocations to the risk appetite and economic forecasts of each client.
Roveen Bhansali, Managing Director and Head of the Risk Management Analytics Business at MSCI, added, "We are delighted to be working with Wurts & Associatesto provide them with the tools they need for their investment and risk management processes. We continue to see a strong demand in the Asset Owner space for our best-in-class products and services available in risk measurement and management, and Wurts' selection of BarraOne is helping to promote best practices. We look forward to a long, successful relationship with Wurts."