French fund takes Riskdata's FOFix


PARIS – ERAAM (European Research & Alternative Asset Management), a French fund of hedge funds, has implemented technology vendor Riskdata's FOFiX risk management system.

The FOFiX system will provide ERAAM with performance and risk-profiling capabilities and will enable the firm to monitor long, short, non-linear and other investment strategies of its underlying hedge funds.

According to ERAAM officials, Riskdata's product appealed to them because of its portfolio risk aggregation capabilities

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