S3 Partners adds Black Map to Bloomberg portal
18 January 2023 US
Image: MiaStendal/stock.adobe.com
Financial data marketplace and workflow platform S3 Partners has welcomed the addition of Black Map to the Bloomberg App Portal.
The new application aims to increase the level of visibility into long and short market sentiment and positioning, alongside the potential for drawdowns.
According to S3 Partners, Black Map allows users to solve concerns when evaluating individual positions or an entire portfolio.
These concerns regard concentration and herd risk, the market sentiment on a trade idea, position or portfolio, and the positioning of passive and active investment strategies in the marketplace.
On a daily basis, users can filter by industry, sector and cohort to see which stocks in their portfolio are crowded and how the rest of the market is positioned, says S3 Partners.
Bob Sloan, managing partner and CEO of S3 Partners, comments: “Black Map is a true breakthrough in how institutional investors can identify and cure crowded trades with the potential for significant drawdowns, which will improve their Sharpe and Sortino ratios, help them identify the market’s dry powder, and analyse market momentum and opportunities.
“Facing lower market volumes, fewer names to trade, and growing assets under management, individual trades can make or break strategies for active managers. Black Map gives them the clearest available view into how a user is positioned versus the market.â€
The new application aims to increase the level of visibility into long and short market sentiment and positioning, alongside the potential for drawdowns.
According to S3 Partners, Black Map allows users to solve concerns when evaluating individual positions or an entire portfolio.
These concerns regard concentration and herd risk, the market sentiment on a trade idea, position or portfolio, and the positioning of passive and active investment strategies in the marketplace.
On a daily basis, users can filter by industry, sector and cohort to see which stocks in their portfolio are crowded and how the rest of the market is positioned, says S3 Partners.
Bob Sloan, managing partner and CEO of S3 Partners, comments: “Black Map is a true breakthrough in how institutional investors can identify and cure crowded trades with the potential for significant drawdowns, which will improve their Sharpe and Sortino ratios, help them identify the market’s dry powder, and analyse market momentum and opportunities.
“Facing lower market volumes, fewer names to trade, and growing assets under management, individual trades can make or break strategies for active managers. Black Map gives them the clearest available view into how a user is positioned versus the market.â€
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