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Le Marois: Riskdata identifies
risk while protecting proprietary
information |
New technology is being developed to make hedge
funds more transparent to investors. Risk management system
provider Riskdata and Equalt, the alternative investment arm
of Crédit Agricole Indosuez, are developing software to
enable institutional clients to simulate the risk profile for
different combinations of funds before they invest.
They are working on an application for Riskdata's
online risk management system. Initially it will enable
investors to test how the Equalt fund would fit with their
portfolios. "It's like opening a window on what we have on
the book without disclosing actual positions," says
Christophe Turpault, manager of Equalt's fixed-income
arbitrage fund. This gives institutional investors more
transparency about the risk of including funds in their
portfolios. At the same time it allows the manager to protect
the funds' positions.
Riskdata and Equalt want...
