Saturday, 30 May 2015
Last updated 21 hours ago
Nov 30 2006 | 9:49am ET
New York and London-based GlobeOp Financial Services recently launched GoBook, a Web-based hedge fund performance-reporting tool to enable hedge fund managers to communicate independently verified fund performance data to investors.
According to the firm, fund managers can authorize user access to data such as returns, performance metrics, flash returns, manager comments, NAV, and AUM data. The funds’ performances can be benchmarked against a range of industry indices including the CAC-40, DAX, Dow Jones, NASDAQ, Nikkei 225 and S&P 225.
in a statement, Hans Hufschmid, GlobeOp’s chairman and CEO, said, "Both institutional and private investors are concerned that performance, risk and portfolio data are currently provided only by funds. These investors require transparency and performance detail about the funds they invest in, in order to optimize their overall asset allocation.
Established in 2000, GlobeOp currently manages assets of some $110 billion and employs 1,500 employees worlwide.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…