Delivering clear, intuitive analysis via an easily accessible online portal, Mirabaud Compass enables third party fund managers to screen individual stocks, portfolios or whole indices in order to aid asset allocation decision-making and ultimately enhance the return potential of investment portfolios. With access to a universe of some 12,000 companies globally, Mirabaud Compass assesses equities based on analysis of Momentum (via relative earnings revisions), Value, and Quality screens in order to identify both short and long-term trends and subsequent return potential.
The Compass tool also provides fund managers and buy-side analysts with access to '10-point checklists', a comprehensive review of individual stocks that aim to provide the most information possible on individual securities (assuming little prior information on that stock), including analysis of long-term value trends, cashflow and capital allocation, within a condensed format. Users are also able to assess "best" and "worst" stock profiles and investment book summaries.
Commenting on the launch of Mirabaud Compass, Daniel White, Head of Strategy at Mirabaud Securities, said: "In such a unique climate characterised by multi-century low interest rates, challenging economic growth and changing monetary policies, it can be extremely difficult to identify those assets worthy of investment. With its comprehensive, detailed and easily accessible analysis, Mirabaud Compass is able to help fund managers make informed decisions that can generate additional investment returns."
In addition to its granular analysis of equity investments, Mirabaud Compass is also able to assess more thematic concepts to assess the performance of different market segments and further aid investment decision-making. Most recently, Mirabaud’s Strategy Team has utilised Compass data to conduct a detailed examination of the Stoxx 600 to assess impact of the financial crisis over the last decade and identify subsequent trends in capital employment and value creation across individual sectors, finding that:
Daniel White added: "Our 'value layers' based analysis clearly shows that, even a decade on, the impact of the financial crisis continues to be felt, with weak capital employment contributing to disappointing returns. Despite this however, investors continue to pay ever higher premiums in the expectation of future returns. This is somewhat counter-intuitive, particularly as there is little suggest a sharp improvement in companies’ ability to create value."