Investment Review and Performance Monitoring

At Situs Strategic Advisors, we consider Investment Review and Performance Monitoring analogous to a quality control and assurance program for the institutional investor. This function has become increasingly important given the times we live in. As all businesses including manufacturing perform this function regarding their final products, we believe that the same principles hold true when it comes to long term and short term investments. The functions that follow are broad categories which are of paramount importance within the investment regime:

Asset Review Monitoring

Situs Strategic Advisors’ Asset Review Monitoring System for Compliance Audit (ARMS) is your solution to head count constraints and precise management of large real estate portfolios. The ARMS System is a flexible program that can be adapted to suit individual client needs. ARMS proposes to act as a liaison between the Plan Sponsor, its internal departments, outside valuation firms and investment managers, coordinating and analyzing data between the parties.

The ARMS System will collect all necessary documentation, analyze investment portfolios, and provide detailed summary reports for your review – increasing timeframe efficiencies and human productivity. As part of the ARMS, we will perform attribution and performance analyses to evaluate where the best returns are generated and provide this information to you in our summary report to reinforce successful strategies. ARMS provides for a manager continuation policy to monitor and review manager performance. Additionally, ARMS has the capability to perform appraisal and/or valuation reviews to assist in evaluating the current portfolio values which is vital in today’s capital markets.

Additionally, the Asset Review Monitoring System can be modified for large asset managers and advisors with similar monitoring functions.

Investor Reporting

Situs Strategic Advisors’ investor reporting outsourcing solution will allow you to meet the demands of investor reporting while increasing efficiencies and allowing your staff to focus on asset and portfolio management functions. Situs can compile financial data, operating metrics, and market data for your investor reporting. We have the capability to customize reports to meet your investor’s needs and/or reporting requirements. Situs’ experience with plan sponsors has afforded us the opportunity to fully comprehend investor reports from the client’s perspective. We understand the need for best-practices which may include Global Investment Performance Standards (GIPS) style reporting at the fund level as well as the property level.

Valuation Analysis

The activities of the valuation and appraisal function have become increasingly vital to the exercise of best practices, as regards the fiduciary quality control function. One goal of the valuation process and administration function should be to ensure that possible inherent conflicts throughout the valuation process do not occur. It is our view that differentiated functions in the valuation process need to be clearly assigned, uninfluenced and separated to achieve an accurate accounting of the portfolio, as well as each of its individual component investments.

The valuation process and its administration have the purpose of the broad protection of data integrity and to provide a standard system of checks and balances to benefit the Plan Sponsor’s Investment Committee, Boards, and Membership.

Other Services

• Quarterly and annual performance evaluation
• Asset management and incentive fee compensation analysis
• Debt and equity position analysis