Eurekahedge and Riskdata are pleased to announce that they have entered into partnership to make hedge fund databases supplied by Eurekahedge, the leading alternative funds research company, available through FOFiX 3.1, the new version of Riskdata’s flagship risk management service for fund of hedge funds.
The new service will incorporate FOFiX Active, which enables FOFiX users to seamlessly import data feeds from Eurekahedge databases directly into the application at the click of a button.
Riskdata’s FOFiX risk management solution is specifically designed for the needs of fund of hedge funds and investors into hedge funds. It covers all stages of the risk management process, from risk profiling, screening, monitoring, portfolio construction, risk testing and risk reporting.
Alexander Mearns, CEO of Eurekahedge said, "Eurekahedge is delighted to be working with Riskdata to offer our mutual clients access to the world's largest alternative fund database, from within Riskdata's leading risk management, portfolio and hedge construction platform."
Ingmar Adlerberg, chairman of Riskdata commented: “We know our clients use external hedge fund databases for certain important functions, and this feature allows them to import this data very quickly. This dramatically assists investors searching across thousands of hedge funds for new candidates that precisely match a specific risk profile. This allows our clients to leverage to the full the AlphaRisk Screener function in FOFiX, which enables investors to rank and select external funds not only by their risk appetite, but to match precise portfolio ‘risk style’ targets, as well as performance objectives.”
“In current markets it is more important than ever for investors such as funds of funds to spot new possible investments quicker, so they can fill any gaps in their portfolios in terms of funds with specific risk styles.”
Riskdata has agreed arrangements with Eurekahedge to ensure that any changes in the structure of the databases are smoothly incorporated into the FOFiX interface.
Eurekahedge is the world’s largest independent fund data provider and research house dedicated to alternative investments. Maintaining coverage of over 17,500 funds across all strategies and asset classes, Eurekahedge is the most widely used and quoted alternative research house worldwide.
Eurekahedge research covers hedge funds, funds of funds, private equity funds, Islamic funds, real estate funds, long-only absolute return funds, enhanced equity funds (130/30) and socially responsible investment (SRI) funds.
Eurekahedge products available with FOFiX Active:
- All paid subscription products, obtained with a direct license agreement with Eurekahedge
- Global Fund of Hedge Funds
- Global Hedge Funds
- European Hedge Funds
- Latin American Hedge Funds
- North American Hedge Funds
- Asian Hedge Funds
- Global Absolute Return Funds
Riskdata is the leading provider of expert risk management solutions developed specifically for the global alternative investment community – hedge funds, funds of funds, and investors in HF and FoFs. Riskdata is the only dedicated international risk control service provider that manages both systematic and specific risk by combining the market expertise of a professional team of daily market watchers with state-of-the-art quantitative software to support sustainable diversified growth of the alternative investment assets value with minimal systemic risk. Riskdata's analytical tools provide investment managers and their clients with detailed and highly customised reports, creating comprehensive and decision-oriented risk transparency. Headquartered in Paris, France with regional offices in New York, London and Moscow, Riskdata is servicing over 150 leading financial and investment institutions worldwide.
Typical RiskData product users include:
- Fund of fund managers
- Hedge fund managers
- Mutual fund asset managers
- Pension plans
- Family offices
If you are interested, please contact:
Director of Marketing and Communications
Singapore: +65 6212 0930
Head of Business Development, Americas
New York: +1 (212)931-5794 Ext 251