17 October 2017
Find out more

FMO upgrades portfolio management system

13 October 2009  |  956 views  |  0 Source: FMO

FMO, the portfolio management system for hedge funds with industry leading reporting and attribution analysis, announced a new release of the FMO system today.

The main focus of this release is improved real-time and historic reporting of fund performance across multiple prime brokers and custodians-for better trading decisions, to manage counterparty risk, and to give external clients more transparency.

Paul Lemphers, General Manager of FMO, commented: "The financial crisis has demanded that Fund Managers need the ability to analyse their performance quickly and accurately. We have worked closely with clients to help them gain deeper insight into the performance of their investments by focussing on the sources of growth over a period of time. All portfolio management systems are able to tell you what a fund's Net Asset Value (NAV) and P&L is. FMO is able to tell you the how - how did I gain this alpha and what parts of my portfolio generated it. This helps fund managers make better investing decisions and gives better transparency to investors."

Avis Tang, Chief Operating Officer at Blue Pool Capital, Hong Kong, and FMO client since 2006 commented: "FMO is an easy to use system with great support that has helped us manage assets with multiple counterparties, streamline our day to day operations and improve our fund reporting". Blue Pool Capital Ltd. is a Hong Kong based investment advisory firm. Blue Pool Capital has two clients: a family office and Absolute Partners Management, the manager of the Absolute Partners Fund. Absolute Partners Fund is an Asia ex-Japan long-short equity fund that launched in November 2004.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comRegister nowvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15051 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8288 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7745 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7126 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6309 views comments | 8 tweets | 16 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job