Press Releases
GAIM Advisors selects Riskdata's FOFiX to support risk budgeting process
March 21, 2006
Rapidly growing fund of hedge funds manager GAIM Advisors has implemented Riskdata’s industry-leading FOFiX product as the foundation of its risk management process. GAIM Advisors is part of AIM-listed Integrated Asset Management Group, which has over USD700m in assets under management and advice, and offers three main funds of hedge funds: Long/Short, multi-strategy and European vehicles.
Rapidly growing fund of hedge funds manager GAIM Advisors has implemented Riskdata’s industry-leading FOFiX product as the foundation of its risk management process. GAIM Advisors is part of AIM-listed Integrated Asset Management Group, which has over USD700m in assets under management and advice, and offers three main funds of hedge funds: Long/Short, multi-strategy and European vehicles.
Dawn Kendall, Investment Manager at GAIM Advisors said: "FOFiX supports our highly-structured investment process. It gives us a quantitative understanding of the contribution of each manager to our global risk profile, both in terms of marginal value at risk, as well as by highlighting the systemic risks – i.e. the most adverse market scenarios - and the managers who are contributing to this. We therefore use FOFiX in our portfolio construction to test the quantitative impact of any reallocation decision on our global risk profile."
FOFiX is the only forward looking risk management platform specifically designed to meet the needs of hedge fund investors and has become established as the industry benchmark over the last two years. It is the first service offering a daily updated view on all market classes - equities, fixed-income, listed and OTC derivatives - giving fund of fund managers easy, interactive and intuitive access to any risk analysis.
Olivier le Marois, CEO of Riskdata, said: "FOFiX is a comprehensive risk management tool, capable of supporting the entire investment process, from manager selection to risk control and portfolio construction, because it streamlines the aggregation of the risks. We’re delighted that GAIM Advisors is pleased with the way FOFiX is already helping them."
About Riskdata
Riskdata’s team includes investment practitioners, risk management experts and I.T specialists. Its aim is to offer money managers easy, interactive and intuitive access to effective risk analysis. It is supported by leading figures, such as Professor Robert Mundell, a past winner of the Nobel Prize for Economics. Economics.
Riskdata is the first service offering a daily view on all market classes: equities, fixed-income, listed and OTC derivatives. As an interactive system, rather than classic ASP model, there is no exporting of clients’ positions while deployment is quick and simple.
Riskdata offers a comprehensive suite of solutions for Asset Managers, adapted to all investment styles: FOFiX for Fund of Funds, HEDGIX for Hedge funds, along with dedicated products for benchmarked funds.
About GAIM Advisors
- GAIM Advisors is a London-based Funds of Hedge Funds manager with a solid 15 year track record.
- GAIM Advisors is member of the Integrated Asset Management Group, quoted on the London Stock Exchange AIM Market.
- Founded in 1991 and regulated by the FSA, their Head Office is in London, with offices in Lugano, Milan and New York.
- Hedge fund specialists with strong derivatives and trading background, backed up by a strong risk management approach.
- Highly motivated team with over 75 years of combined experience in the financial industry.
- Strong commitment to customer service, as this is a key component of their offering.
For further information:
GAIM Advisors
Sarah Davey, Marketing Manager
Tel. +44 (0)20 7514 0540
davey@gaimadvisors.com
www.gaimadvisors.com
Media:
Fishburn Hedges
Andrew Marshall
Florencia Panizza
Tel: +44 20 7839 4321
andrew.marshall@fishburn-hedges.co.uk
florencia.panizza@fishburn-hedges.co.uk
Sales: info@riskdata.com
Riskdata Europe
15 Stratton Street
London
Tel: + 44 20 7659 0433
Riskdata North America
Finn Christensen
10 E 40th St
New York
Tel: + 1 212 931 57 94
“The challenge for us was to get an aggregated view of the fund risk profile while tracking the specific risk of each underlying strategy. We think Riskdata is able to address both of these issues simultaneously. Moreover, we can monitor the impact of any portfolio allocation on the fund risk profile.”
Philippe Uzan,
CDC IXIS Multi-Strategy Fund
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