Riskdata upgrades FOFiX

Paris-based provider of risk management systems Riskdata has upgraded its flagship system, FOFiX, to bring greater risk controls and transparency to the global fund of fund and asset management markets. Users can now combine risk profiles of market instruments with those of fund managers to simulate risk across a portfolio and create alpha more successfully. The new version monitors managers by comparing return-based and position-based risk profiles, enabling analysis of the specific risk co