GLOBAL - Reech Capital has launched RiskHedge, a risk management engine for the hedge fund market, which will give hedge fund managers access to the kind of risk technology formerly only available to large investment banks, at a cost specifically tailored to hedge funds.
The product is capable of handling all asset classes and trade structures and offers reporting flexibility and customisation. This flexibility makes RiskHedge suitable for all types of fund, regardless of trading style and size, according to the firm.
RiskHedge can be white-labelled and co-branded by both prime brokers and hedge funds, allowing the service to be offered to underlying clients and investors.
Christophe Reech, chief executive of Reech Capital, said: There is increasing pressure for transparency coming from investors, counterparties and regulators. This places a demand on hedge funds to demonstrate risk management techniques and risk-based returns via flexible reporting - this lack of transparency can be held responsible for the reluctance of investors to embrace alternative asset classes.”
By Luke Clancy
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.