Barclays Global Fund Advisors Partners with Advisor Software, Inc. to Provide Online Investment Planning and Proposal Capabilities to Financial Advisors.Business Editors/High-Tech Writers LAFAYETTE, Calif.--(BUSINESS WIRE)--Oct. 9, 2003 Advisor Software, Inc. (ASI ASI, n See Anxiety Sensitivity Index. ) announced today that Barclays Global Fund Advisors, a subsidiary of Barclays Global Investors Barclays Global Investors is a subsidiary of British-based Barclays Bank which is in the investment management industry. It is the largest corporate money manager in the world, with over £936 billion (US$1.77 trillion) under management as of March 2006[1]. , will launch ASI's Investment Proposal Solution on the iShares.com web site for financial advisors this month. The solution provides the over 10,000 advisors who are registered on iShares.com with ASI's powerful asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. and proposal generation capabilities, allowing them to incorporate iShares exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. (ETFs) in investment allocations. The tool will be available free to advisors. "We're pleased to add ASI's Investment Proposal Solution to our suite of advisor-focused tools on iShares.com," said J. Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances. , Managing Director at Barclays Global Fund Advisors. "We are committed to partnering with advisors to help them serve their clients, and this offering combines the strengths of iShares with the proven effectiveness of asset allocation, and presents a client-friendly proposal." Offered by iShares as the "Allocation Proposal Tool," the solution will provide critical support to efforts with new and existing advisor clients, guiding them through a logical sequence of steps: risk assessment, analysis of current holdings, asset allocation, investment selection, and proposal generation. "BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International has long been an innovator in the financial markets, and iShares is the clear leader in the exchange traded funds business," said Andrew Rudd, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advisor Software. "We're proud that they have selected ASI's Investment Proposal Solution to further support their growth in this market." About Barclays Global Fund Advisors and iShares Barclays Global Fund Advisors is a subsidiary of Barclays Global Investors, N.A. (BGI), and serves as the advisor to iShares. BGI is one of the world's largest asset managers providing structured investment strategies such as indexing, tactical asset allocation Tactical Asset Allocation (TAA) Portfolio strategy that allows active departures from the normal asset mix according to specified objective measures of value. Often called active management. It involves forecasting asset returns, volatilities, and correlations. , and risk-controlled active strategies. BGI managed over $897 billion in assets as of 6/30/03, and over 2,000 funds for more than 2,200 clients in 39 countries around the world. BGI is owned by Barclays PLC Barclays PLC is a global financial services provider operating in Europe, the United States, the Middle East, Latin America, Australia, Asia and Africa. It is a holding company that is listed in London and New York. It operates through its subsidiary Barclays Bank PLC. . iShares, the world's most extensive family of ETFs, are index funds that are bought and sold like common stocks on securities exchanges. For a list of currently available iShares, visit www.ishares.com. About ASI Advisor Software, Inc. (ASI) was founded in 1995 by Andrew Rudd (Founder, Chairman and former CEO of Barra, Inc.) to deliver institutional-strength analysis and advice to the individual investor. ASI's advice technology is designed for a wide range of broker-dealers, banks, insurance companies, online brokerages, and other financial institutions, enabling these institutions and their advisors to deliver more insightful, actionable investment advice and build stronger, more profitable client relationships. ASI is focused on helping clients address specific, critical business issues and objectives, both those related to client acquisition and those related to client management. www.advisorsoftware.com (1) Source: "Special Report: Global Leaders," Pensions & Investments, September 02, 2002, p. 14. (2) Source: "Special Report: Money Manager Directory," Pensions & Investments, May 27, 2002, p. 40. |
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