BRI LAUNCHES THE QUALITY SMALL CAP INDEX℠

BRI LAUNCHES THE QUALITY SMALL CAP INDEX

First of Its Kind Enhanced Beta Index Joins the BRI Suite of Long-only and Alternative Strategy Indexes ‘Powered by Wilshire

Dallas, TX, August 8, 2017– BRI Partners today announced the launch of the BRI Quality Small Cap Index (symbol: “BRIQSC”) Powered by Wilshire℠. Created and owned by BRI Partners, LLC (BRI), with Wilshire retained as index consultant and calculation agent, this unique index provides a first of its kind enhanced beta benchmark for US small cap equities.

Adam Brass, founder of BRI, said, “The new BRI Quality Small Cap Index delivers enhanced beta returns previously available only through active strategies for a fraction of the cost. Investors and asset managers are deeply engaged in debate about alpha, beta, smart beta and passive versus active strategies. At BRI we have a clear focus. We are raising the bar on outdated passive market beta investments to deliver enhanced performance to investors.”

The BRI Small Cap Index uses a systematic, rules-based approach to create a dynamic portfolio of US small cap equities delivering the market beta plus enhanced factor beta unique to the stocks of small capitalized companies. The index will be re-caculated periodically.

“Hundreds of billions of dollars have shifted from active strategies to passive index investing for good reason: nearly 85% of active managers consistently underperform their benchmark,” added Brass.  “Now investors can get the benefits of active in a passive product.”

Uniquely, the BRI Quality Small Cap Index leverages various selection criteria metrics to avoid the following criteria:

  • Stocks that are unprofitable
  • Stocks that are the most volatile
  • Stocks that have the highest short-interest

This infographic illustrates the point:

“Aligned with Wilshire as our index consultant and calculation agent, our objective to create a family of indexes that deliver enhanced beta on both traditional long-only and absolute return strategies continues to build,” said Brass.

Michael R. Kennedy, Managing Director at Wilshire Associates, said, “Wilshire Analytics is excited to see a third Powered by Wilshire custom index offering come to fruition through BRI. Wilshire’s deep index and analytical expertise combined with yet another dynamic, rules-based strategy from BRI shows the value of a Powered by Wilshire approach which can help clients bring new index ideas to market quickly.”

For more information about the newly launched BRI index, please visit https://wilshire.com/indexes/poweredbywilshire/bri-quality-small-cap-index.

 

About BRI Partners, LLC

BRI Partners, LLC, was founded in 2001 as a hedge fund seeding company. After divesting of the hedge fund companies in its portfolio it re-established itself as a creator and licensor of investible enhanced beta hedge fund and long only indexes. BRI also specializes in research on quantifying, analyzing and demystifying the risk and alpha in alternative strategies.  BRI strives to be intellectually honest, transparent and focused on quality. BRI is committed to acting with equanimity and engaging in collaborative, open-minded relationships with our clients and our partners to create true value for all.

Please visit http://www.brindexsolutions.com for more information.

 

About Wilshire Associates

Wilshire Associates, a leading global financial services firm, provides consulting services, analytics solutions and customized investment solutions to plan sponsors, investment managers and financial intermediaries. Its business units include, Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.

The firm was founded in 1972, providing revolutionary technology and acting as an early innovator in the application of investment analytics and research to investment managers in the institutional marketplace. Wilshire also is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire’s strong analytics foundation.

Wilshire developed the Wilshire 5000 Total Market Index and became an early innovator in creating integrated asset/liability analysis/simulation models as well as practical models in risk budgeting through beta and active risk analysis. Wilshire has grown to a firm of approximately 300 employees serving the needs of investors around the world.

Based in Santa Monica, California, Wilshire provides services to clients in more than 20 countries representing more than 500 organizations with assets totaling approximately US $8 trillion.* With ten offices worldwide, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. Wilshire® and Wilshire 5000® are registered service marks of Wilshire Associates Incorporated. Wilshire 5000 Total Market Index℠ and Powered by Wilshire℠ are service marks of Wilshire Associates Incorporated.

Please visit www.wilshire.comfor more information.

Follow us on Twitter: @WilshireAssoc

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*Client assets are as represented by Pensions and Investments (P&I), detailed in P&I’s “Largest Retirement Funds” and P&I’s “Largest Money Managers (U.S. institutional tax-exempt assets)” as of 9/30/15 and 12/31/15, and published 2/8/16 and 5/30/16, respectively).

Meg Bode

Bode & Associates,  Inc.

516.869.6610