SAN FRANCISCO and NEW YORK – April 8, 2008 – Advent Software, Inc. (NASDAQ: ADVS), the award-winning provider of software and solutions for the investment management industry, announced today that it is hosting an event in New York next week that will address the trends, opportunities and operational considerations associated with managing and investing in 130/30 portfolios.
One of the fastest growing innovations over the last several years, 130/30 strategy funds, are projected to grow from current levels of $75 billion to over $1 trillion globally by 2010.
Speakers at the event include: Seema Bhatt, Vice President, Prime Brokerage Sales at Goldman Sachs and Paul Dodge, Principal of Operations at Aronson+Johnson+Ortiz, an institutional investment manager with $23 billion in assets under management and eleven 130/30 accounts with $3.5 billion in assets. The discussion will focus on key issues in managing and investing in 130/30 portfolios, as well as the operational considerations of a 130/30 portfolio.
Event: Managing and Investing in 130/30 Portfolios
Speakers: Seema Bhatt, Goldman Sachs and Paul Dodge, Aronson+Johnson+Ortiz
Location: Astra NY, D&D Building, 979 Third Avenue, 14th Floor, New York, NY
Date: Wednesday, April 16th
Last month, Advent hosted a seminar on implementing 130/30 strategies in Canada.
Advent Software, Inc. (www.advent.com), a global firm, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in 60 countries use Advent technology and manage investments totaling nearly US $18 trillion. Advent’s quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support organization.
Advent is a registered trademark of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Advent Software, Inc.