Riskdata signs UK fund of hedge funds to FOFiX

NEW PRODUCT | LIBERTY ERMITAGE GOES LIVE WITH RISK MANAGEMENT AND PERFORMANCE PROGRAM

LONDON – Liberty Ermitage, a Jersey-based fund of hedge funds with $3.5 billion in assets under management, has implemented Riskdata’s FOFiX performance and risk management application.

The fund will use FOFiX to aggregate risk information from each of its underlying hedge funds across its portfolio. Liberty Ermitage officials expect the Riskdata system to enable the firm to further quantify crucial risk factors that drive performance in its single-manager and fund of funds products. Riskdata

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