Verizon Investment Management Corp (Vimco), an advisory subsidiary owned by Verizon Communications, has implemented technology vendor Riskdata's FOFiX risk management system.
Vimco manages Verizon employee benefit trusts with approximately $49 billion in assets under management, and has chosen FOFiX to manage the market risk of its absolute return strategies.
"Vimco sent us a number of cases and asked us to model the risk. They were quite interested in the way we simulate their managers' behavio
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