London-based fund of funds Tarchon Capital Management today announced that it has selected Riskdata for the risk management of its portfolio of hedge funds.
Riskdata's FOFiX product enables fund managers to assess and budget their risk throughout the entire investment process, offering effective risk transparency.
Yannis Vasatis, a Managing Director at Tarchon Capital Management Ltd., commented: "With its FOFiX product, Riskdata has incorporated, in an innovative manner, a risk methodology that is essential for hedge fund managers. FOFiX has enhanced our ability to quantify the risk profile of the funds we invest in and the portfolios we manage."
Olivier Le Marois, CEO of Riskdata added: "Alternative fund managers are confirming our view that with the levels of scrutiny being placed on them by institutional investors, it is important to deliver effective, multi-level risk transparency. This will help managers establish that alternative investment funds offer a real opportunity for diversification, as well as to demonstrate that comprehensive risk management is an integral part of their investment process. We are delighted that a fund such as Tarchon, which is growing aggressively in Europe, has selected FOFiX to support its disciplined investment process."