Independent fund of hedge funds manager Swiss Capital Alternative Investments has selected Riskdata's industry-leading FOFiX product to support its risk management process.
Swiss Capital Alternative Investment's parent, Swiss Capital Group, is an independent specialist in Wealth Management, Corporate Finance and Asset Management with a staff of approximately 50. The Asset Management business, the largest within the Group, focuses primarily on alternative investments and structured products, with seven standard fund of funds modules (offered in various currencies) across the risk spectrum that can be combined to achieve individual investment objectives. Founded in 1998, Swiss Capital has grown rapidly and now has over $1,400m in its fund of funds portfolio, and was recognised this year by being included in InvestHedge’s Billion Dollar Club.
Swiss Capital is using FOFiX as part of its systematic investment process to incorporate both quantitative and qualitative information and to foster decision-making based on risk budgeting principles.
Federico Degen, Partner Investment and Portfolio Management at Swiss Capital Alternative Investments AG, said: "FOFiX is an excellent complement to our in-house analytics and supports the quantitative aspects of our investment process. We reviewed Riskdata's profiling methodology extensively and tested its directional non-linear factor modelling approach to stress testing and crisis simulation."
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. 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, added: "We're delighted that one of the most dynamic and demanding Swiss-based managers has chosen FOFiX, a truly comprehensive risk management tool which supports the entire investment process, from manager selection to risk control and portfolio construction, by streamlining risk aggregation. One key aspect of our FOFiX product is that, as an interactive system, rather than an ASP model, all sensitive information is stored within the client environment, while they enjoy the benefits of outsourcing market data aggregation and risk factor production."