DBFS announced today that RAB Capital has chosen DBFS Asset+ platform to manage their Fund of Hedge Fund portfolios.
RAB Capital selected Asset+ in order to improve the management of operational risk, to improve internal workflows and to leverage advances in technology in order to maintain and develop its competitive edge as a leading Hedge Fund of Funds Manager. By bringing together research and analysis, portfolio management, and reporting within one single package, RAB now have a flexible and scalable platform which enables the firm to make informed investment decisions and enhance aggregation, analysis and delivery of data across its entire organization.
"With the growing number of new funds created every day, manager research is becoming more complex," said David Hince, Director of Multi-Strategy products at RAB Capital. "After reviewing several options we chose Asset+ as it offered the most cost-effective, easy to deploy and rapidly scalable solution and has the ability to create a weekly NAV which was important to us."
'We are very pleased to have been selected by RAB Capital,' said David Upton, MD of DBFS. "Our Asset+ solution is a perfect fit for Hedge Fund of Fund Managers like RAB Capital who are seeking to enhance the performance and reliability of their due diligence processes. Asset+ helps enhance operational efficiency, allows managers to make more informed and knowledgeable decisions as well as enabling firms of all sizes to focus more on core business and portfolio strategies, and less on technology. "