November 28, 2016
Thomson Reuters Wealth Management Offers Portfolio Management Solutions through Agreement with Dorsey, Wright & Associates, a Nasdaq Company
NEW YORK, November 28, 2016 – Thomson Reuters has signed an agreement with Dorsey, Wright & Associates (DWA), a Nasdaq Company, to offer investment research and portfolio management solutions to Thomson ONE Wealth clients in the Americas and Canada, through Dorsey Wright’s “DWA Research Platform,” a web-based technical research platform used by thousands of advisors to help build and manage portfolios in a transparent, rules-based, and systematic way.
The DWA Research Platform has screening capabilities that objectively rank securities, ETFs, and mutual funds based on relative strength analysis. The rankings are updated on a daily basis and take into account macro and micro trends and issues affecting the global markets. The DWA Research Platform will enable hundreds of thousands of Thomson ONE users to access Dorsey Wright’s popular equity, ETF and mutual fund reports, the Dynamic Asset Level Investing (DALI) tool, multi asset class model portfolios, and comprehensive technical indicators to help create portfolios and value for their clients.
“Our customers increasingly turn to Thomson Reuters to access a wide breadth of research tools and insights delivered through one platform,” said David Akellian, global managing director of Thomson Reuters Wealth Management. “Delivering data from Dorsey Wright, a Nasdaq Company, on Thomson ONE offers advisors access to additional solutions to help them achieve desired outcomes for clients.”
“We are excited that Thomson ONE Wealth clients will now have access to the DWA Research Platform which provides innovative portfolio construction and allocation workflows that can handle multiple asset and instrument types,” said Jay Gragnani, Executive Vice President, Dorsey, Wright & Associates. “This powerful platform can be a very valuable tool to today’s financial professional, providing timely market insights, as well as technically strong investment ideas rooted in the fundamental law of supply and demand.”
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
About Dorsey, Wright & Associates (DWA), a Nasdaq Company
Dorsey, Wright & Associates (DWA), a Nasdaq Company, is a registered investment advisory firm based in Richmond, Virginia. DWA was acquired by Nasdaq (Nasdaq: NDAQ) last year and the combined group represents one of the largest providers of smart beta indexes with nearly $52.4 billion in assets under management tracking Nasdaq Indexes. DWA and Nasdaq develop innovative products across myriad asset classes and help create more opportunities for financial advisors. Since 1987, DWA has been an advisor to financial professionals on Wall Street and investment managers worldwide. The company offers comprehensive investment research and analysis through the DWA Research Platform and provides research, modeling, and indexes which apply DWA’s expertise in Relative Strength to various financial products including exchange trade funds, mutual funds, UITs, structured products, and separately managed accounts.