Riskdata, HFR announce transparency initiative

Riskdata, the Paris-based provider of risk management technology, and Hedge Fund Research (HFR), a provider of hedge fund performance data and indexes, have collaborated to provide day-to-day Value-at-Risk (VaR) indicators for the global hedge fund industry. The aim of the alliance is to provide in-depth insight into the levels of risks in the hedge fund industry, increasing overall market transparency and restoring rationality to investor confidence. Riskdata and HFR believe that publishing