Wiesenberger of Rockville, Md., announced yesterday that it has formed an alliance with UpTick Data Technologies of San Francisco to produce research reports on mutual funds.
The reports will include computer-generated commentary on all mutual funds performance, risk and holdings. They will be updated monthly, and will show these variables in relation to the fund's peer group, its benchmark and its own historical averages. The reports will also include information on each funds returns, risk, modern portfolio theory measures, operations, expenses, management and portfolio holdings, and hypothetical illustrations for assumed investments. Wiesenberger will distribute the reports to financial advisory firms, fund companies, financial portals and other institutions.