San Francisco, Ca (PRWEB) December 9, 2008
AlphaClone LLC, today announced the launch of its investment research service, http://www.alphaclone.com, which makes it simple for individuals to research and mimic the winning strategies of leading investors.
AlphaClone simulates investing in the stock ideas of top hedge and institutional fund managers - a process called "cloning." Users can clone the stock holdings of more than 230 funds and track their performance over time against various indexes. In addition, users can create their own clones and backtest them to understand their historical performance, for example, as of December 2, 2008:
Founded by Mebane Faber, a portfolio manager, and Mazin Jadallah, a technology executive, AlphaClone is the only professional-grade subscription cloning service open to both professional and self-directed investors. Users can test hypotheses by altering cloning rules, changing a clone's rebalancing method and managing a clone's risk profile with various hedged simulations. Users can also create their own clones based on a variety of criteria including filtering by manager, sectors and company size.
"The top money managers in our database are some of the best stock pickers in the world and they are the ones to watch right now," said Mazin Jadallah, founder and CEO of AlphaClone. "Today's investors are savvy but have very limited access to top hedge funds and institutional money managers. With AlphaClone, users can leverage the collective intelligence of the best professionals to manage their own investments."
AlphaClone launches with more than 550 clones and 25,000 clone variants allowing users to simulate a variety of strategies, including:
All clone performance results are updated daily and the clones are rebalanced automatically when new filings become available each quarter. AlphaClone's membership fee is $99 per month. For more information visit http://www.alphaclone.com.
About AlphaClone LLC
AlphaClone is the first professional grade web-based equities research service that lets investors find, backtest and track the stock ideas of top money managers. Through a process called "cloning", AlphaClone simulates investing in smart money stock ideas at the time they are made public. Easy-to-use, powerful and flexible, AlphaClone is designed for both individual and professional investors who want to know what the smart money is doing and more importantly how they can benefit from that knowledge. Based in San Francisco, AlphaClone was founded by Mazin Jadallah, an active investor and Mebane Faber, a professional portfolio manager.
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