New York (PRWEB) August 09, 2012
Covestor, an online asset management company, is adding alternative asset managers to Covestor.com. Covestor is a marketplace where individuals can replicate the trading strategies of more than 100 talented investors.
For investors, Covestor’s platform empowers them with choice, transparency and liquidity. For portfolio managers, Covestor makes asset-gathering simple by assuming the entire burden of reporting, compliance, accounting and client relations.
Covestor’s Portfolio Sync technology automatically replicates trades, providing clients the convenience of “set and forget” functionality and the protection of Covestor’s proprietary trade filtering. The technology supports clients, portfolio models and trades all in one multi-manager platform.
Covestor is inviting emerging long / short equity managers to be part of its expanding marketplace.
“We are looking for the best emerging managers to join Covestor and help us create a world class platform,” said Tom Dorsky, Covestor’s Chief Operating Officer.
To qualify, portfolio managers must have extensive experience managing capital and submit an application at: http://blog.covestor.com/2012/01/alternative-asset-manager-application or contact managerrelations(at)covestor(dot)com.
Covestor brings the clarity and efficiency of an online marketplace to the world of money management. Investors can compare and select from a transparent marketplace of money management talent that includes top performing portfolio managers and successful investors.
Covestor is widely regarded as a pioneer in bringing separately managed accounts (SMAs) online in a transparent marketplace. Founded in 2006, the company has offices in New York City and London and is funded by leading VC firms including Union Square Ventures, Spark Capital and Amadeus Capital Partners.
Covestor is an investment adviser registered with the US Securities and Exchange Commission under the Investment Advisers Act of 1940. Additional information can be accessed directly from the company’s Form ADV document, available at http://www.covestor.com.
It should not be assumed that any information discussed herein will prove to be profitable or that decisions in the future will be profitable or provide similar results. While Covestor does provide limited investment advice to its clients, the content herein is provided as general and impersonalized investment information and is not a recommendation or solicitation to buy or sell any security or subscribe to any particular investment model. Please take appropriate professional advice in any investment decisions.