The role of the performance measurement staff over the years is changing and is becoming more critical to the success of a financial services firm, says Kevin D. Mahn, president and chief investment officer at Hennion & Walsh Asset Management.
Mahn spoke to FTF News during FTF’s PMA 2018 conference in New York City in early March. He participated in the conference and served as a panelist in the “Quantifying Portfolio Management” session.
“I think the role of the performance measurement staff has become even more critical in this hyper-focused era of performance in addition to after-fee performance,” Mahn says.
“It seems, as though, in this industry there’s a race to the bottom with respect to all investment strategies whether it be packaged products or a separately managed accounts,” Mahn says. “But, at the end of the day, it’s very critical that the data is accurate in representing what your true performance is, and that’s risked-based performance, after fees.”
Based in Parsippany, N.J., Hennion & Walsh describes itself as “a full-service securities firm,” and offers a range of financial products and services in fixed income, equities, mutual funds, unit investment trusts and insurance. Officials at the firm says that they specialize “in fixed income investments and are considered experts in tax-free municipal bonds.”
FTF’s next related event is the Performance Measurement Europe 2018 (PME) conference, which has been slated for on Thursday, Sept. 27, 2018 in London.
Video Production: Janene Knox and William J. Poznanski, Jr.
Interview conducted by: Eugene Grygo, chief content officer, FTF News
Co-Producers: Sarah Hathaway, vice president, Financial Technologies Forum (FTF) and Eugene Grygo