Markit launches Portfolio Valuations

Markit Portfolio Valuations is aimed at mutual funds, hedge funds, traditional asset managers, fund administrators, custodians and banks.

The service was launched to address growing concerns among investors and regulators over the lack of accurate, independent valuations for complex, illiquid instruments, according to Markit.

Markit says the service covers a wide range of securities and OTC derivative instruments, both vanilla and exotic. And it believes Portfolio Valuations will help to all

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