Composite Module

The Composite module is designed to give users a structured, accessible overview of all composites—automated and bespoke—within their ecosystem.

Unlike the Analysis module, which focuses on a single instrument, the Composite module provides a navigable list of composites and acts as the main entry point for exploring their analytics.

Purpose

• To provide quick, centralised access to all composites in the ecosystem.

• To enable managers to track internal strategy consistency and performance.

• To act as a gateway to deep analysis, including peer comparison and risk-return metrics.

Characteristics

List View with Jump-To Navigation

• The Composite tab displays all composites available to the user.

• Clicking a composite directly opens its dedicated analysis page, where full metrics are displayed.

Comprehensive Coverage

• Includes all composite types: automated, bespoke, and PW-compliant (publishable).

• Updated daily using the same net-of-fees, time-weighted return methodology as portfolios.

Standardised Construction

• Every composite is based on defined parameters:

  • Unique Currency

  • Clustering available using portfolio characteristics

    • Type (discretionary, advisory, etc...)

    • RM

    • PM

    • User-defined Investment Cluster

  • Minimum TAV

• Ensures internal consistency and comparability across managers and strategies.

Types of Composites

Automated Composites

• Created daily, automatically, for every risk/currency pair in each ecosystem

• Unique risk level and currency

• Discretionary portfolios only

• Minimum TAV and clean performance data

• Begin from a single portfolio

• Form the basis for PWI+ indices once ≥5 portfolios are present

Bespoke Composites

• Manually constructed by users

• Can reflect team mandates, strategy clusters, or RM-specific groups

• Useful for internal supervision and performance attribution

PW-Compliant Composites

• Meet strict methodological standards for transparency and public use

• Can be published to the wider PW community upon certification

• Designed for marketing, reporting, or reputational benchmarking

When to Use

• To monitor whether a strategy performs consistently across clients.

• To access PWI+ inclusion thresholds and peer group construction.

• To validate benchmarks for client reports or due diligence exercises.

• To explore whether deviation signals exist within composite groups.

• To review and publish eligible composites for reputational positioning.