Hedge Funds to Benefit from Bloomberg-SunGard Alliance.

Hedge funds are likely to be the primary beneficiaries of the recently announced alliance between SunGard and Bloomberg, two industry heavyweights with significant buy-side traction. The pair have teamed up to offer a front-to-back service specifically aimed at hedge funds, a constituency well-known for its modest technology budgets and its extensive use of Bloomberg's ubiquitous Professional terminal.

SunGard's VPM investment management platform will be folded into Bloomberg’s hedge fund suite,

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