Ibbotson Adds Monte Carlo and Cash Flow Analysis Capability to Latest EnCorr Update

Monte Carlo Simulation with cash flow analysis capability allows users to forecast different spending rates

CHICAGO, April 25, 2002 (PRIMEZONE) -- Ibbotson Associates, a leading provider of investment tools and knowledge, today released EnCorr 8.2 -- the latest version of its sophisticated asset allocation software.

Recent additions to EnCorr include:

* Monte Carlo Simulation with cash flow analysis capability-used to forecast different spending rates and demonstrate best- and worst-case scenarios.

* Expanded investment data for modeling-hedge funds, international equity and alternative asset classes.

* Separately managed account data-evaluate and select institutional money managers.

* Streamlined reporting-create professional-looking, data-rich reports for prospects and clients that exports to Microsoft Office products.

"EnCorr has the flexibility to model both the asset class policy and the discrete liability needs of both institutional plans and high-net worth individuals, while easily producing high-quality graphics and reports that can be presented to clients and used for marketing," said Tom Carlson, vice president and regional sales director. "We added Monte Carlo simulation so users could better address the impact of spending policies and cash flows on the investor's funding status. This feature helps consultants and independent advisors target their clients with the kind of sophisticated wealth forecasting that previously only existed in more expensive software programs."

EnCorr is designed to be a flexible tool for plan sponsors, pension fund management consultants, sophisticated independent advisors, money managers and financial product marketers. The software allows a user to analyze historical performance data; evaluate and monitor manager/fund style and performance; develop and implement an asset allocation policy with mutual funds, hedge funds, managed accounts and alternative asset classes; and test and forecast portfolio performance with varying spending rates using Monte Carlo simulation.

About Ibbotson Associates

Ibbotson Associates, founded by Professor Roger Ibbotson in 1977, is a leading authority on asset allocation, providing products and services to help investment professionals obtain, manage and retain assets.

The company's business lines include investment consulting and research; planning and analysis software; wealth forecasting; educational services and a widely used line of NASD-reviewed presentation materials. With offices in Chicago, New York and Japan, Ibbotson Associates provides integrated investment knowledge, leading-edge technology, multi-conceptual education and a variety of sales presentation solutions. Ibbotson markets its integrated product line of investment analytical tools and services to institutional money managers, plan sponsors and consultants for quantitative analysis, high level decision making and presentations. The company's clients also include financial planners, brokers, mutual fund firms, private bankers and small money managers.


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