IC-Ready Attribution in Seconds

Hedge Fund Performance Attribution Software for Multi-Manager Portfolios

Decompose every return and every drawdown by manager, factor, sector and currency. Answer "who contributed?" in 30 seconds instead of three days. Built for fund of funds, family offices and pension funds.

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Performance & Drawdown Attribution

Who contributed — in 30 seconds

Snapshot
!

The problem

Quarterly IC meeting tomorrow. "Where did our return come from?" The current answer takes the analyst three days of spreadsheets.

1

Manager contribution

Who added · who detracted · significance

2

Factor attribution

Market · value · momentum · size · FX

3

Drawdown decomposition

Who hurt us in Q3 · which factor regime

Multi
Period
Geom.
Compounding
IC-Ready
Reports
Attribute your portfolioBring last quarter · we’ll attribute it in your demo
Trusted by
Aberdeen Asset ManagementAllianceBernstein BNP ParibasBessemer Trust UnigestionLyxor Asset Management Kedge CapitalLumyna Investments Aberdeen Asset ManagementAllianceBernstein BNP ParibasBessemer Trust UnigestionLyxor Asset Management Kedge CapitalLumyna Investments
Attribution Capabilities

Decompose Every Return and Drawdown

Multi-dimensional, multi-period attribution designed for the realities of multi-manager portfolios.

Manager Contribution

Which managers added or subtracted return this period? Per-manager attribution with statistical significance — not just rounding spreadsheet contributions.

Factor Attribution

Decompose return into factor contributions: market, value, momentum, size, quality, FX, rates. See which factor bets paid off and which hurt.

Sector & Geography

Sector and regional attribution at the look-through level. North America vs Europe vs Asia. Tech vs Financials vs Energy. Pinpoint the drivers.

Drawdown Attribution

When the portfolio is down, decompose the loss the same way. Answer "who hurt us in Q3?" with manager-by-manager, factor-by-factor evidence.

Multi-Period Geometric

Multi-period geometric attribution so contributions compound correctly across daily, monthly, quarterly and annual periods.

Currency Overlay

Decompose returns into local-currency return plus FX contribution. Essential for global mandates and unhedged international allocations.

The Allocator’s Toolkit

Why Attribution Matters at Every Level

Five places attribution software earns its keep in an institutional allocator’s workflow.

Related solutions:
Factor Analysis SoftwareShadow Accounting SoftwareInvestment Committee Reporting SoftwareHedge Fund Peer Group Analysis
FAQ

Frequently Asked Questions

What is performance attribution software?

Performance attribution software decomposes a portfolio's realised return into the underlying contributions: which managers added or subtracted return, which factors drove it, which sectors helped or hurt. For multi-manager portfolios, it answers the IC's first question — "where did our return come from?" — with defensible quantitative evidence.

What is drawdown attribution?

Drawdown attribution decomposes a loss period the same way performance attribution decomposes a gain period. When the portfolio is down 8%, drawdown attribution answers: which managers caused the drawdown, what factor exposures hurt, which sectors detracted. Essential for trustee and IC defence.

How does this differ from standard attribution in mutual fund tools?

Standard attribution (Brinson) was built for long-only equity portfolios with benchmarks. Hedge funds have no benchmark, can be net long or net short, often have multi-asset exposure and use leverage. AlternativeSoft uses returns-based attribution methods designed for alternatives: factor decomposition, multi-period geometric attribution, currency overlay attribution and manager contribution analysis.

Can I attribute across multiple time periods?

Yes. Daily, monthly, quarterly, annually and custom periods. Multi-period geometric attribution is used so contributions compound correctly — not the linear approximation that breaks down over long horizons.

Is this useful for fund managers as well as allocators?

Yes. Fund managers use AlternativeSoft's attribution to articulate to LPs exactly how their P&L was generated — by strategy, by trade, by factor. Powerful for investor relations and capital raising.

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See Performance Attribution Software in Action

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