The Tyco restructuring caused momentary chaos as our performance engine faced for the first time a simultaneous reverse split and double spin-offs. Those early Covestor members holding Tyco would have faced wildly differing return calculations on July 2nd. Eventually by the close of the following day the analytics teams had […]
One of the debates currently at Covestor is whether we should include the ‘cash’ position of a member’s portfolio as part of their investment record. A number of users have asked us to include this as a better reflection of their overall investment decisions. We decided not to incorporate the […]
A great article ran last night on Reuters, which was then picked up by The Boston Globe among others announcing our partnership with Seeking Alpha and highlighting the rapid uptake of Covestor among the stock blogging community. Many blogs are already displaying Covestor widgets on their pages and promoting the […]
Today our CEO Rikki Tahta makes an appearance on the fantastic daily video show Wallstrip. We are big fans of Lindsays’ so great to see Rikki on there. It is also his birthday today so VERY HAPPY BIRTHDAY ‘Rikki Rikki Tahta’ from everyone here at Covestor!
Another great piece of functionality well worth checking out, the comparative charting feature has been further updated to allow you to compare you own performance – or that of any member you are viewing to one of the 50 largest professional funds! See how you compare over time, and ultimately […]
Today we put live a new feature allowing members to play with charts to view performance against a range of comparisons. Rather than just comparing a members performance vs their chosen benchmark you can now use a drop down to compare their performance to any benchmark, to yourself or to […]
Covestor Co-Founder and COO, Simon Veingard spoke this last weekend with WJR Radio Internet Advisor hosts Gary Baker and Foster Braun. You can listen here:
There was an excellent post yesterday in the Wall Street Journal Online on How the Rich Invest. The summary was: the rich don’t invest in ETFs and Mutual Funds – but allocate more to actively managed opportunities like Hedge funds that are out of the reach of the less rich. […]
Following a number of feedback requests from members we have just launched the capability for members to issue invitation codes to friends or colleagues they deem to be qualified, proven self-investors. Each existing member initially has two membership invitations. To send these out, and to track those you have already […]
Covestor has had some excellent coverage in the press over the last few days. See our Chairman and Co-Founder, Rikki Tahta, talking on CNBC’s working lunch yesterday:
Since going into public beta we have had a number of requests for an overview of site functionality and for access to demo accounts. Yesterday we therefore posted a new flash demo. It offers a tour of the site and highlights the key featutres and terminology on Covestor. This is […]
We are pleased to announce that the Covestor beta site has now moved to a live platform and is open to the world! A couple of great mentions already on Giga Om and on Mashable and we are up and running Welcome to all of our new members and a […]