If your long list is whoever emailed last, and two analysts would score the same manager differently, the selection process is the risk. AlternativeSoft is the manager selection platform 150+ institutions use to screen 500,000+ funds, compare them on one basis and keep the evidence behind every decision.
Five fields. We reply within one business day with times for a live walkthrough on your own funds. A 14 day free trial follows.
Manager selection software supports the process of choosing external investment managers. It brings manager data into one place, measures skill against peers and benchmarks, and records the reasoning behind each hire. AlternativeSoft covers the full cycle on one platform: Manager research, selection, due diligence and ongoing monitoring.
By AlternativeSoft · Last updated:
Four problems allocators describe to us most often, and what changes when the process runs on one platform.
“Our long list is whoever emailed us last.”
The universe is limited to the managers already in someone's inbox, so the best candidate for the mandate may never be seen.
With AlternativeSoft: Screen 500,000+ funds by strategy, size, track record and risk statistics, so the long list comes from the whole market.
“Comparing managers is apples and oranges.”
A broad index or a provider category hides the real differences, and a manager looks good only because the comparison set is wrong.
With AlternativeSoft: Custom peer groups you define, with every candidate ranked on the same 4,000+ statistics.
“The score depends on who did the work.”
Each analyst has a favourite measure, so the shortlist changes with the person rather than the evidence.
With AlternativeSoft: One weighted scoring model applied to every manager, consistently, every time.
“The decision record is scattered across emails.”
When the committee or a regulator asks why a manager was chosen, the answer is rebuilt from memory.
With AlternativeSoft: Screening, comparison, due diligence and notes stay with the manager record, giving a complete audit trail.
A 30 minute walkthrough on your asset classes. Five fields to book it. A 14 day free trial follows.
Manager research software that keeps quantitative analysis, due diligence and monitoring connected.
Search 500,000+ funds and their managers by strategy, track record, size and risk profile.
Use style and factor analysis to separate a manager’s alpha from the market exposure behind the returns.
Build custom peer groups so each manager is judged against genuine competitors.
Rank candidates with a scoring model that reflects your investment beliefs.
Move shortlisted managers into investment and operational due diligence without re-entering data.
Keep appointed managers under review for drawdown, style drift and peer rank.
Investment committees and trustees expect a clear trail from the long list to the final choice. AlternativeSoft records the screening criteria, peer comparison and scoring behind each manager selection.
Define the strategy, size, track record and risk limits for the search.
Screen the database to find every manager that meets the mandate.
Compare candidates with peers and apply your weighted ranking.
Run investment and operational due diligence on the finalists and report the outcome.
| Area | Spreadsheets and separate tools | AlternativeSoft |
|---|---|---|
| Manager universe | Limited to the lists an analyst already holds | 500,000+ funds from leading data providers |
| Peer comparison | Broad index or a fixed category | Custom peer groups you define |
| Ranking method | Varies by analyst | One weighted scoring model applied to every candidate |
| Due diligence | A separate process with re-keyed data | Investment and operational due diligence on the same platform |
| Decision record | Scattered across files and emails | Screening, comparison and scoring kept with the manager |
The two overlap. Fund selection focuses on screening and ranking products, while manager selection also covers the judgement of the manager’s skill, the due diligence and the monitoring after appointment. AlternativeSoft supports both.
Yes. You can define a peer group from any set of funds, so a manager is compared with real competitors and not only a broad index.
Yes. The cloud operational due diligence platform uses AI to complete questionnaires and process fund documents, and it links to the manager research.
The platform connects to Bloomberg, Refinitiv, eVestment, Preqin, Morningstar, HFR, Pitchbook, Albourne and WithIntelligence, and you can import your own data.
Manager research and selection teams at pension funds, endowments, insurers, family offices and funds of funds.
Join the 150+ institutions that use AlternativeSoft to select and monitor their funds. A 14 day free trial follows your demo.