Regal signs up with S&P Capital IQ
Regal Funds Management has selected S&P Capital IQ for the provision of analytical tools, market data and proprietary content, which the fund manager said would support its performance in a challenging market.
Regal has subscribed to S&P Capital IQ's research and portfolio management platform ClariFI, a data feed management solution XpressFeed and research tool Alpha Factor Library.
The announcement came as the researcher shifts its focus on servicing Australian institutional clients, having announced earlier this year that it will no longer provide local funds research and wealth management services.
However, the scaling back of retail operations has not affected other services offered by Standard & Poor's, the company said.
Head of S&P Capital IQ sales for the Pacific region Jose Ordonez welcomed its partnership with Regal, adding that Australia remained one of the word's most competitive markets for asset managers.
In May this year, Regal Funds Management was announced the Australian Equities Long/Short winner as part of the Money Management/Lonsec Fund Manager of the Year Awards 2012.
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