Assessing Investment Style Similarity of Top Mutual Funds with MPI Common Style Analysis

As we’ve recently written, it has become platitudinous to say that markets are and have been highly correlated. And it is past due to move beyond simple linear measures of performance, such as correlation, when performing manager searches, diligence, selection, monitoring and replacement.

It is with this thought in mind that we are proud to bring to market our new investment style metrics – Common and Active Style®– to assess product and portfolio similarity and difference. Our clients – from investment managers to product development teams, from institutions to their consultants and advisors – are excited to implement our new metrics to the field in a variety of ways to better inform analysis, decision making and communication through reporting.