Reliance MF In Tie-Up With MSCI Barra

Reliance Mutual Fund announced a strategic tie-up with the third largest risk management service company, MSCI Barra. The announcement was made by Baer Pettit, Senior Managing Director at MSCI Barra and Vikrant Gugnani, President of Reliance Mutual Fund. The partnership would offer risk management services for investments in equity, fixed income and derivatives across all Reliance Funds'.

"MSCI Barra offers us with a powerful multi factor tools which describes Indian markets better. This tool helps us perform better portfolio analytics and risk management across our strategies thereby enhancing our investment decision capabilities," Vikrant Gugnani said. MSCI Barra's risk models & analytics are regarded as global industry standard benchmarks for risk and performance reporting. These analytics and models are used by global hedge funds, proprietary trading desks, banks & government bodies world-wide.