Axioma, Inc. Launches New Single-Country Risk Models for UK and Japan
NEW YORK – November 9, 2009 - Axioma, Inc., a leading provider of decision support, risk analysis and portfolio rebalancing tools for the financial services industry, today announced the launch of new single-country risk models for the UK and Japan. These two new models are the latest additions to the Axioma Robust Risk Model ™ suite. The new models incorporate advanced methodology consistent with Axioma’s other single-country and regional risk models.
“The UK and Japan models are the latest addition to our growing library of single-country factor models,” said Ron Perez, Axioma’s Vice President of Product Development and Strategy. “These new models offer the same set of features that Axioma has applied to all of its risk models, including daily updates of all risk model components as well as fundamental and statistical model variants. In addition, we have custom tailored the GICS® –based industry factors for the individual markets, affording a level of detail unavailable in regional models.”
“Both the UK and Japan models include three new, balance sheet-based, fundamental factors: Value, Growth and Leverage,” said Perez.
The Japan Model covers over 3,800 securities listed on the Tokyo, Osaka, Nagoya, Fukuoka, Sapporo, and JASDAQ Stock Exchanges. The UK model covers over 2,000 securities listed on the London Stock Exchange, including Investment Trusts and REITs. Both models offer a forecast horizon of 3-6 months, and contain daily history from January 1999 onwards. The new Japan model will eventually replace the current Japan risk model (AX-JP1).
About Axioma
Axioma, Inc. develops and markets innovative risk analysis, portfolio rebalancing and performance attribution products for the financial services industry. Founded in 1998 and headquartered in New York with additional offices in Atlanta, San Francisco, London, Hong Kong, and Singapore, Axioma helps leading financial firms manage risk, increase returns and improve operational efficiency. For more information about Axioma, please contact Ellen Kiernan at 212.991.4503, or visit the company’s website at www.axiomainc.com.
GICS is registered trademark of Standard & Poor’s and MSCI Barra
Axioma Robust Risk Model is a trademark of Axioma, Inc.