Bloomberg Expands MAC3 Risk Models for Enhanced Portfolio and Risk Forecasting Across Public and Private Investments

Full suite of MAC3 multi-asset risk models provide accurate risk forecasts, robust portfolio analytics and consistent measurement tools across all major asset classes

NEW YORK, April 2, 2026 /PRNewswire/ -- Bloomberg today announced a significant update to the asset class coverage provided within its suite of advanced Multi-Asset Risk Models (MAC3), supporting global asset owners, asset managers and hedge funds with comprehensive, advanced modeling tools for accurate risk forecasting.

Bloomberg's MAC3 models, known for industry-leading coverage across global equities, fixed income, commodities and derivatives, has expanded to include the alternative asset space. This new set of individual MAC3 risk models for private markets includes coverage for private equity, private credit, real estate and infrastructure fund strategies, hedge funds and liquid alternatives.

"Extending our global MAC3 models into private assets, hedge funds and liquid alternatives marks a significant step toward truly comprehensive, total portfolio risk coverage," said Jose Menchero, Head of Portfolio Analytics Research at Bloomberg. "Institutional investors are increasingly allocating across both public and private markets, yet risk is often measured in silos. With these new models, MAC3 delivers a consistent, cross-asset factor framework that enables Bloomberg clients to understand and manage risk seamlessly across their entire portfolio in an increasingly complex investment landscape."

Bloomberg MAC3 is a multi-asset class risk factor model that incorporates advanced quantitative research techniques along with Bloomberg's market leading security data to provide institutional investors with a unified view of risk across their entire portfolio. Currently made up of over 3,000 individual risk factors, MAC3 risk models deliver exceptional forecast accuracy across varied portfolios, universes and investment styles, supporting detailed risk forecasting, risk attribution, performance attribution, stress testing and optimization. The model also delivers six model horizons that range from a responsive daily model to a stable long-term model, providing flexible options to align portfolio risk forecasts with the investment decision making process.

MAC3 Models for Private Markets

With the addition of MAC3 models for private asset funds, hedge funds and liquid alternative funds, investors can now forecast and decompose risk consistently across both public and private markets, supporting a total portfolio view across asset types. The private fund model is constructed using dedicated private-asset factors and Bloomberg's data on approximately 50,000 private funds that support private equity, private credit, real estate and infrastructure strategies, alongside hedge funds and liquid alternatives.

Across the alternative funds suite, MAC3 models capture exposures across strategies, regions, sectors, styles and key macro sensitivities including rates, commodities, volatility and FX, helping investors identify shared risk drivers across managers and strategies to strengthen portfolio construction, risk budgeting and governance at the total portfolio level.

To find out more, join our MAC3 Private Assets Model webinar.

Adoption & Access

Adopted by more than 800 clients worldwide, Bloomberg's MAC3 models have helped firms strengthen quantitative investment strategies, identify broader market signals and analyze risk dynamics across different regimes, incorporating first-to-market methodological innovations that establish it as an industry-leading solution.

Bloomberg's MAC3 risk models are available to all Terminal subscribers, allowing them to interactively explore their portfolio risk across public and private assets. Bloomberg PORT Enterprise customers can also license the underlying risk data including risk factor exposures, volatilities, correlations and historical returns. In addition, enterprise customers can gain programmatic access via API.

MAC3 and PORT Enterprise are part of Bloomberg's suite of buyside solutions, delivering multi-asset capabilities across the full investment lifecycle. With a modular and flexible approach, Bloomberg's buyside solutions offer research management, order and execution management, portfolio and risk analytics, trade compliance and operations capabilities. Powered by Bloomberg's trusted security master and industry-leading data, these solutions provide consistency and quality that enable accurate and transparent decision making, informed investment analysis, and scalable workflows across the enterprise.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

SOURCE Bloomberg