AGF takes Riskdata’s FOFiX for risk management, reports

NEW CONTRACT | FRENCH FUND OF FUNDS TAKES RISK, REPORTING APPLICATION

PARIS -- AGF Alternative Asset Management (AAAM), the fund of hedge funds operation of AGF Asset Management, currently managing 10 French-regulated funds of hedge funds with assets totalling approximately e1,40 billion, has selected Riskdata’s FOFiX risk management and reporting application.

FOFiX, which Olivier Le Marois, chief executive of Riskdata, explains is already live in AAAM’s environment, is designed to be used by funds of hedge funds and their investors to apply a performance/risk

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