Bestinvest says
This is a relatively unique proposition making use of broker recommendations. The TOPS system is a proprietary system that attracts more than 350 stock recommendations per day, from more than 2,000 brokers or contributors. Over a bespoke internet page, brokers are given the responsibility to run a virtual equity long / short model portfolio consisting of a basket of stocks (typically 4 or 5 ideas at any one time). When making an adjustment to the position brokers are asked to input details of their conviction and all information is relayed to Marshall Wace via the TOPS interface. The performance of each contributor is monitored via predetermined bench-marks. Ideas originating from generalist brokers form the Opportunistic TOPS program and trade recommendations from sector specialists form the Fundamental TOPS program.
The TOPS system is a proprietary system that attracts more than 350 stock recommendations per day, from more than 2,000 brokers or contributors. Over a bespoke internet page, brokers are given the responsibility to run a virtual equity long / short model portfolio consisting of a basket of stocks (typically 4 or 5 ideas at any one time). When making an adjustment to the position brokers are asked to input details of their conviction and all information is relayed to Marshall Wace via the TOPS interface. The performance of each contributor is monitored via predetermined bench-marks. Ideas originating from generalist brokers form the Opportunistic TOPS program and trade recommendations from sector specialists form the Fundamental TOPS program.