The CIS investment strategy is to spot the best manager and deal for any investment for a period. This task is accomplished with the guidance of Peer Group Analysis tool which constructs multiple comparisons based on the analysed manager signatures using different alpha components.
The tool compares the manager performance against the prevailing market statistics; it correlates the performance of different managers; and weighs one deal against another.
As deals in same entity (Vintage/CLO Universe) have some common elements, the comparison within and outside these entities is something which aids the investment process at CIS.
Further, it is possible to define a weighting for each indicator based on the individual preferences and to derive an internal rating.