Today we are proud to announce the public launch of Covestor
Investment Management (CVIM). 

CVIM has developed the world’s first retail Multi Managed
account or MMA. With an MMA you can invest directly alongside professional and retail
investors, managing their own money in their own account. It is a new category
of Investment product that gives you access to expert managers like a hedge
fund with the security and transparency of a managed account.

CVIM licenses real time trading data from a large number of
active investors and using this data creates a model of each. When you open an
MMA you are given access to the models of these investors that you can
subscribe to. Once you have decided which models best suit you they are auto traded
for you in real time in your own managed account. Just like with an online
brokerage account, CVIM then gives you a transparent view into your positions,
transactions and performance per model in your MMA. An MMA puts you
in control of your own fund of funds.

The CVIM platform is an open one for investment talent. For
the past two years, Covestor.com has become the destination for investors to
share their portfolios and build a verified investment record. CVIM takes this
to the next level, recruiting model managers from Covestor.com and beyond, to
offer you unbiased access to the models of a diverse set of investors. They are
vetted investors, doing it with their own money in it together with you.

 At Covestor we have
always believed that this is how Investment Management should be done, open,
honest, accessible and fair. No Wall Street conflicts of interest, no jargon,
no middle men and no hidden fees. It levels the playing field for money
management and puts you back in control. The platform combines proprietary
software with institutional back office systems to deliver a secure, reliable
and compliant experience.

The team has been working to build CVIM for the best part of
three years and this post is in large part a tribute to their hard work. To
find out more visit the new CV.IM website.  We look forward to welcoming you as a client.

Update: Launch coverage http://www.techcrunch.com/2009/07/22/covestor-now-lets-you-trade-alongside-its-top-amateur-investors/