Smaller Hedge Funds Looking to New Tools to Better Manage Risk

"The cost of computations, the cost of connections, the cost of storage and analysis have come down. There's been a leveling of the playing field."

risk-management-dial

An audience member asked: How do smaller and emerging hedge funds utilize technologies to compete with larger funds that have better risk management, data and people?

While speaking at Waters USA, Apollo Wong, chief risk officer at one of those relatively smaller funds—Verition Fund Management, a Greenwich-based multi-strategy firm that manages $1.2 billion—was quick to respond.

"I do not agree with that question," he said. "I do not know why everyone thinks that a smaller hedge fund would hav

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: