Press Releases
Fund of hedge fund clients of Riskdata have seen their AUM grow by 60% over the last 12 months
August 1, 2005
Over the last year, AUM at Riskdata’s fund of hedge funds client base (a representative cross-section of FoHF from continental Europe, the UK and North America) have increased from a base of 100 in June 2004 to 156 on an AUM-weighted basis in July this year, and to 162 on an equal-weighted basis. The bulk of the growth in their AUM (85%) comes from inflows of institutional investor money, with the rest made up of high net worth inflows and performance gain over the period.
Olivier Le Marois, CEO of Riskdata commented: "We are very proud of serving this community, who have, whatever their size, been incredibly successful. Crucially, we think that this growth is anchored on the fact that they are all using quantitative risk management both to support their investment process, and to offer risk transparency to the investors. This demonstrates that the flow of institutional money into alternative investment has no reason to slow down, as long as we address their demand for risk transparency.”
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.
For further information:
Press:
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
Latest Case Study
Texas Treasury Safekeeping Trust Company Risk Management
Endowment Adopts Risk Budgeting Strategy and Selects Riskdata To Implement New Approach