Provide a true benchmark for active alternative managers by taking the same risk and return profile. True alpha generating managers and strategies will be easier to quantify and identify, creating justifiably higher fee opportunities.
Demystify and quantify the risk/return constituents of alternative strategies by separating the beta component from the alpha, strategy by strategy, where beta exists.
Provide investors with low cost, liquid, transparent and efficient access to the beta performance of recognized alternative strategies.
BRI strives to be intellectually honest, transparent and focused on quality. Our culture encourages empowerment, forward thinking, and constructive criticism; cultivated with the principles of integrity, humility and respect. We are committed to acting with equanimity and engaging in collaborative, open-minded relationships with our clients, our partners and our employees to create true value for all.
Build a family of investable passive alternative indexes that will be recognized as the industry standard for global investors. Each index will be low-cost, transparent, scalable and liquid; facilitate investors to reliably access alternative strategy beta; serve as authentic benchmarks against which to measure active alternative managers.
The alternative index business is evolving. The first two generations of alternative indexes focused on the performance ofhedge funds, either through aggregation or replication. The BRIndexes will be the next generation, mechanically producing the systematic risk of established alternative strategies. A globally recognized index provider will qualify and validate the methodology, issue a ticker symbol and publish pricing.
BRI Global Market Neutral Index February 2018 (MTD) Update 2/11/2018 So far, the month of February has proven a difficult one for global equity markets. ThroughFriday, the S&P 500 Index was down 7.24% as volatility exploded to the upside causing losses for many active managers relying on a short-volatility bias as a preferred source of Read more about Navigating the Return of Volatility[…]
Originally published in AlphaWeek AlphaWeek’s Greg Winterton discussed the ever-growing hedge fund replication industry in a Q&A with Stephen Scott, Partner, BRI Partners, a provider of investable index products for institutional investors. GW: Stephen, thanks for taking the time today. Hedge fund replication is all the rage these days, given that they provide better liquidity Read more about AlphaWeek Q&A: Stephen Scott, Partner, BRI Indexes[…]
After ETFs, the next revolution in investment management may be direct indexing, a kind of separately managed account for the masses. Many see it as an industry game changer. Originally published on http://www.wealthmanagement.com/etfs/build-your-own-index Separately managed accounts, customized model portfolios in a wrap-fee account, were for years the favored tool of advisors for wealthy clients. But there Read more about Build Your Own Index[…]
Don’t worry: investors will end up paying less – and here’s why The conventional wisdom is that everything on Wall Street gets cheaper over time. From trading costs to management fees, capitalism forces competition and efficiency. In the hedge fund industry, with performance lagging since the financial crisis of 2008, it makes sense that everyone Read more about Hedge Fund Fees are On the Rise, And That’s Good[…]
This article originally appeared in AllAboutAlpha.com HEDGE FUND FEES ARE ONLY HALF THE PROBLEM Hedge funds talk big about returns. Historically, successful managers have claimed credit for the favorable risk/return profiles of their funds, touting skilled security selection and portfolio management as a competitive edge. But the advent of investible benchmarks for a number of Read more about Hedge Fund Fees are Only Half the Problem[…]
FOR IMMEDIATE RELEASE RESULTS: SEPT YTD BRI Long/Short Equity Index: Read more about BRI Long/Short Equity Index up 1.13% in September and up +9.10% YTD[…]
Index offers enhanced beta for small cap stocks originally published on etfexpress.com http://www.etfexpress.com/2017/09/08/255825/index-offers-enhanced-beta-small-cap-stocks BRI Partners is a firm that designs, builds and researches investable indices. Stephen Scott, (pictured) partner at the firm, explains that the company has been in the sector for a year but individually each partner has had extensive investment industry experience. “Our Read more about Index offers enhanced beta for small cap stocks[…]
FOR IMMEDIATE RELEASE RESULTS: AUG YTD BRI Long/Short Equity Index: Read more about BRI Long/Short Equity Index down -0.15% in August and up +7.88% YTD[…]
Billions invested in indexes that were never designed to be investments The benefits of passive investing have been touted for years by legendary investors like John Bogle and Warren Buffet. Investors have listened. Every year, hundreds of billions of dollars shift from active strategies to passive index investing – and with good reason. It is Read more about Beyond Market Beta[…]
FOR IMMEDIATE RELEASE RESULTS: JULY YTD BRI Long/Short Equity Index: Read more about BRI Long/Short Equity Index up +0.95% in July and 8.04% YTD[…]