Best sites for portfolio management kalengo.com Sophisticated online trading platforms may get all the attention, but investing is dangerous without effective portfolio management. Kalengo is a free portfolio risk management tool that beginners should try before they move onto subscription platforms. It will compare your portfolio risk to benchmarks over time, optimise your portfolio by helping you select assets with low correlation among one another. Interactive stock charts with links to news can help a reader connect key price movements to events. Investors share their insights in blogs published on the site. gobeinvestor.com/watchlist Brought to you by The Globe and Mail in Toronto, Canada, this portfolio management section is robust and free with easy tools. You don't need to download any software and you can maintain multiple portfolio lists within Watchlist. The application allows you to track stocks, funds, exchange-traded funds, currencies, indexes, commodities and real estate. A video teaches you how to use the site. portfolioscience.com It was originally designed for hedge funds and institutional managers, but individual investors can now access this application with a subscription. It acts as a virtual back office administrator and risk manager that steers users through robust risk reports. Investors can run simulations to gauge the risk/reward of any given trade and its effect on the portfolio. The software offers real-time benchmarking to hundreds of indices. Portfolio Science is most useful to high-net-worth investors who personally trade a global portfolio.