Queensland Investment Corporation (QIC) has hired research firm Inalytics to assess the investment skills of its investment managers.
"We are always looking for innovative tools to assist with monitoring of our managers," QIC head of implemented equities Greg Liddell said.
"We will be utilising the Inalytics system to assist with monitoring our international and Australian equity portfolios as well as incorporating it within our due diligence process when looking at potential new managers."
Inalytics focuses on equities and hedge funds and uses behavioural performance strategies to analyse the performance of fund managers.
This is to determine their skills and how these translate into alpha. The investment consultancy has 24 clients across the world, including Unilever, ICI, BBC and the Universities Superannuation Scheme.
The United Kingdom company established its Australian office in January.
