SharingAlpha, the provider of an online fund selector ratings system, has updated its website to improve the user experience – and is seeking feedback from users to facilitate ongoing improvements.
Launched earlier in 2016, the company’s service uses a methodology that allows fund selectors to create a historical record of their ability to perform fund selection. The methodology relies on participating fund selectors rating funds: depending on how well the funds perform relative to the selector’s assessment of the fund will determine the score of the selector. The rating of funds by users also enables SharingAlpha to publish ratings of funds determined by its user base. The service offers access to a database of over 97,000 funds from 73 countries.
The latest updates to SharingAlpha’s website are intended to facilitate the user experience. Oren Kaplan, CEO and co-founder of the business – who outlined its objectives in an earlier discussion htttp://www.investmenteurope.net/regions/sharingalpha-launches-fund-selector-ranking-method/ – said that the ratings results recorded thus far reflected expectations about the necessity for the methodology being used.
“I don’t think the discoveries are different from exsisting research that show that using only past performance to select funds or managers doesn’t lead to a winning strategy. To reach better results in terms of fund selection one should combine qualitative analysis used by hundreds of fund selectors on SharingAlpha.”
Further details are available at www.sharingalpha.com