22 October 2017
visit www.avoka.com

AGF Alternative Asset Management licenses Riskdata FOFiX product

26 February 2004  |  1497 views  |  0

AGF Alternative Asset Management, the fund of hedge funds group of AGF Asset Management, has selected Riskdata's FOFiX risk management solution.

Riskdata's FOFiX is the first product dedicated to fund of hedge funds risk budgeting throughout the investment process.

Jean-Francois Vert, Chairman and CEO of AGF Alternative Asset Management , commented: "We are continuously looking for optimal diversification in our portfolios. Riskdata appears to be the only risk management solution covering 100% of our investments, and enabling a proactive approach to the portfolio construction process. We can therefore maintain an institutional level of risk transparency, highlighting the benefit of diversification and the consistency of our investment process."

Julien Sureau, Head of Quantitative Research at AGF Alternative Asset Management, continued: "With Riskdata we produce and maintain a comprehensive set of Value at Risk reports, highlighting the contribution of each strategy and each individual hedge fund, along with our exposure to extreme market moves. We also streamline our fund selection and monitoring process, assessing the exposure of each hedge fund against an extensive set of factors."

Olivier Le Marois, CEO of Riskdata, added: "FOFIX is designed to address the Institutional demand for risk transparency in an immediate, relevant and effective way. Immediate means leveraging all available information, whatever the level of transparency of the individual funds. Relevant means considering the hedge funds as a distinct asset class, capturing their dynamic and statistical specificities. Effective means that a risk report is not a formal exercise, it exists to communicate on the top of a structured investment process, to highlight its objectives and results."

Comments: (0)

Comment on this story (membership required)

Related blogs

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

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
12769 views comments | 17 tweets | 28 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
11978 views comments | 22 tweets | 28 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9469 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8900 views comments | 11 tweets | 22 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8498 views comments | 9 tweets | 18 linkedin

Featured job

circa £250K total package

Find your next job