SharingAlpha, the user-generated fund rating platform that also enables fund selectors to generate their own track record, has added Avi Nachmany to its advisory board.
Nachmany co-founded Strategic Insight (SI) in 1986 and was SI’s director of Research for more than two decades. SI’s research and technology is used by investment companies collectively managing over 90% of assets in US mutual funds, by US regulator the SEC’s Investment Management unit, consultants, distributors and global investment managers, SharingAlpha notes.
Nachmany exited SI in December 2015, and now works in New York as an independent consultant (AviNachmany.com). At SharingAlpha, his views on asset management industry strategy will be added to those of the other members of the advisory board: Jon Beckett – with 17 years’ experience in fund selection (currently at Scottish Widows), founder of the NFO consultancy, author of the book New Fund Order, and UK director for the Association of Professional Fund Investors – and Neville Vyas – with over 24 years’ experience with Allianz Global Investors (head of Marketing), AXA Framlington (head of Marketing & Communication) and Fidelity Investments (executive Marketing).
Oren Kaplan, CEO and co-founder of SharingAlpha, said: “We are proud to have Avi Nachmany on board. As one of the most knowledgeable consultants of the fund industry, he will help SharingAlpha identify new opportunities to assist investors, financial advisers, and professional fund buyers improve their fund selections and investment results.”
Avi Nachmany said: “Fund selection and portfolio construction are issues I have researched for nearly three decades. Excellence is measured in more than one way, and a transparent, practitioners’ judgment is an invaluable addition to the industry. I am excited to join this promising and successful fintech company in its mission to help investors around the world.”
SharingAlpha is a partner to Open Door Media Publishing Limited, publisher of InvestmentEurope. Adoption of its platform to enable fund selectors in Europe and other regions globally to start generating a benchmarked performance record of their own work has seen a significant takeup among professional fund buyers. The selections indicated by the platform users has also enabled it to develop a rating of funds, as selected by fund buyers rather than by more traditional quantitative data based offerings in the market. See www.sharingalpha.com for further details.