MSCI®
BARRAIPD GLOBALAEGISCITSUITEIES REPORTMANAGE YOUR PORTFOLIOS MORE EFFICIENTLYESSENTIAL ANALYSIS FOR MULTINATIONALINVESTORSMANAGERS
AND RESEARCHERS.
BARRA®
AEGIS
IS AN INTEGRATEDSUITE OF EQUITY INVESTMENT ANALYTICS AND PORTFOLIO MANAGEMENTTOOLS DESIGNED TO HELP USERS ACTIVELY MANAGE EQUITY RISK AGAINST EXPECTED RETURNS.

Identify

Test

Isolate country, currency, industry, style, market or

Test your investment strategies through portfolio

specific risk sources to see which policies are thesimulation by analyzing return contributions, risk,largest contributors to your portfolio’s risk.

information ratio and t-statistic. Evaluate strategies

Analyze and Evaluate

by viewing the performance of the portfolio and its

Evaluate performance in detail by attributing returns

factor bets long time horizons.

to their fundamental and asset-specific components,

Reportwhether in absolute terms or relative to a benchmark.

Streamline internal and external communication with

Analyze long- and short-side returns separately for

automated reporting and industry-standard language

a long-short portfolio while gaining insight that willand measures. Generate reports daily, weekly,improve future performance.

monthly, quarterly, semiannually or annually over atime span to run on any particular day.

KEY BENEFITS• Choose Allocation Features: Use the flexibilityof the attribution tree to choose between a direct

asset constraints, tax implications and otherconsiderations to produce the best results.

allocation to the model’s factors, or a hybrid model• Reduce Unintentional Bets: Combine the exposure

with a region allocation or sector allocation layer.

and volatility of each source of risk to uncover• Determine Skill or Luck: Use the holdings fromevery month to evaluate the portfolio’s investment

unintentional bets.
• Access a Variety of Third Party Index Data:

tilts in determining whether a particular investment

Benchmark your risk and performance analytics

policy’s return is skill or luck.

against MSCI or other third party index vendor data.

• Enhance Performance: Strengthen the trade‑offs

between risk and return by incorporating theinteractions among transaction costs, timing,PROPOSED LOGO®
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BARRAAEGISMSCIIPD GLOBAL CITIES REPORTINTEGRATION, AUTOMATION AND TECHNOLOGY• Directly Link with Accounting Systems: Update• Review up-to-date information: Produce daily,

portfolio positions directly from your accounting

weekly and monthly reports to satisfy thesystem, so your performance reflects the changes

requirements of internal or external clients.

ESSENTIAL ANALYSIS FOR MULTINATIONAL
more accurately.
INVESTORS MANAGERS AND RESEARCHERS.

• Identify Trends and Performance Results: Reviewperformance based on daily returns to identify
trends and respond quickly.

• Analytic Libraries can be accessed directlythrough an API.
• Local Installation that keeps holdings and otherproprietary information on client servers.

BARRA® OPTIMIZER
An optimization software library designed to fit seamlessly into portfolio management workflows andsupport improved investment decision making processes.
• Efficient Frontier Optimization: Execute

efficient frontier optimizations to construct

in optimization, so alpha and risk factors can be

numerous portfolios that maximize risk-return or

better aligned according to your parameters.

utility‑turnover trade-offs.
• Mean-Variance Optimization: Construct orPROPOSED LOGO

risk-return trade-off. Penalize Residual Alpha• Tax-Efficient Optimization: Consider not only thereturn and risk aspects of each portfolio, but also therebalance your portfolio to achieve an array oftax circumstances of the investor and the tax-lot byresults: optimal diversification, tilts on Barra

tax-lot cost considerations of the existing portfolio.

or user-defined factors, indexing or maximized®
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BARRAAEGISMSCIIPD GLOBAL CITIES REPORTESSENTIAL ANALYSIS FOR MULTINATIONALINVESTORS MANAGERS AND RESEARCHERS.

PERFORMANCE ANALYST
Uncover the main contributors to your risk-adjusted performance and improve your portfolio
management decisions.
• Isolate Sources of Return: Locate the drivers of• Validate your Performance: Calculate yourreturn in your portfolio to gain insights that willrisk‑adjusted performance or verify the analysis

improve future performance.

carried out by your clients.

• Evaluate Style Profile: Consider a fund’s style• Match the Analysis to your Needs: Match theand judge its consistency over different economic

frequency of the analysis to your needs or theperiods, as well as identify style drifts.

situation. Perform all analyses using a daily
buy‑and-hold or monthly buy-and-hold approach.

AUTOMATION ASSISTANT
Streamline your internal and external reporting by automating all Barra Aegis risk and performance reports.
• Strategy Backtesting is a standardized and• Easy Batching, with no Programming Required,automated process that verifies the reliability

simplifies the day-to-day workload as batchand quality of your investment strategies againstoptimization cases and reports are allocated tohistorical data.

specific directories.

• Automated Recurring Tasks, with an easy-to-use• Scheduler: generates routine reports andinterface, save time and reduce errors. periods, as

optimizations daily, weekly, monthly, quarterly,

well as identify style drifts.

semi‑annually or annually over a particular time

PROPOSED LOGO

span to run on any particular day.

®
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BARRA
AEGIS

Helping you ensure the quality and success of your new portfolio ideas• Barra Aegis Analytics Libraries can be accessed• System Integration links your back-office accounting

ESSENTIAL
FOR MULTINATIONAL
directly, orANALYSIS
you can manipulate
their use,
INVESTORSMANAGERS
AND RESEARCHERS.
presentationand surrounding.

system or third-party data source to Barra’s portfolio• Your Own Custom Application Interface can satisfy

a customized report writer that can deliver tailored

your firm’s specific needs and requirements andprovide local offices with customizable functionality.

analytics and automatically exports the results intoresults to you and your clients.
• Ease-of-use and Enhanced Productivity lead to• Web-Based Reporting automatically generates

faster verification and implementation, resulting in aand distributes web-based reports across yoursignificant reduction in time spent on these tasks.

company intranet.

OP®

TIMIZERMSCIIPD GLOBAL CITIES REPORTDEVELOPER’S TOOLKITPOWERED BY BARRA MULTI‑FACTOR
MODELS, THE AEGIS SUITEHELPS PORTFOLIO MANAGERSDECOMPOSE RISK AND ACTIVELYMANAGE PERFORMANCE.

ABOUT MSCIFor more than 40 years, MSCI’s research-based indexes and analytics have helped the world’s leading investors build
and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance andrisk in their portfolios, broad asset class coverage and innovative research. Our line of products and services includes
indexes, analytical models, data, real estate benchmarks and ESG research. MSCI serves 98 of the top 100 largest money
managers, according to the most recent P&I ranking. For more information, visit us at www.msci.com.

PROPOSED LOGO

The information contained herein (the “Information”) may not be reproduced or redisseminated in whole or in part without prior written permission from MSCI. The Information may not be used to verify orcorrect other data, to create indexes, risk models, or analytics, or in connection with issuing, offering, sponsoring, managing or marketing any securities, portfolios, financial products or other investment vehicles.
Historical data and analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information or MSCI index or other product or service
constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy. Further, none of the Information or any MSCI index is intended to constituteinvestment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. The Information is provided “as is” and the user of the Information
assumes the entire risk of any use it may make or permit to be made of the Information. NONE OF MSCI INC. OR ANY OF ITS SUBSIDIARIES OR ITS OR THEIR DIRECT OR INDIRECT SUPPLIERS OR ANY THIRD PARTYINVOLVED IN THE MAKING OR COMPILING OF THE INFORMATION (EACH, AN “MSCI PARTY”) MAKES ANY WARRANTIES OR REPRESENTATIONS AND, TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH MSCIPARTY HEREBY EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. WITHOUT LIMITING ANY OF THE FOREGOINGAND TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITY REGARDING ANY OF THE INFORMATION FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE,CONSEQUENTIAL (INCLUDING LOST PROFITS) OR ANY OTHER DAMAGES EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. The foregoing shall not exclude or limit any liability that may not by applicablelaw be excluded or limited.
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BARRA
AEGIS