AlphaMetrix Selects Spectrum Global Fund Administration for Middle and Back-Office Reporting.CHICAGO -- Spectrum Global Fund Administration, a leading provider of middle and back office administration solutions for hedge funds and funds of funds, today announced AlphaMetrix, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control as its most recent managed account platform client. AlphaMetrix provides investors and funds of funds with direct access, research and real-time performance reporting to managed futures Managed Futures In the context of hedge funds, a style of management that focuses on short-term trading in the futures market. funds and commodity trading advisors Commodity Trading Advisor An investment manager that focuses on long and short trading in the futures markets. The trades are often intraday trades. Sometimes referred to as Managed Futures. (CTAs). Key to AlphaMetrix's selection of Spectrum was the company's ability to easily provide estimated daily NAVs and to facilitate semi-monthly liquidity, critical differentiators at a time of heightened investor sensitivity regarding alternative investments. "The AlphaMetrix value proposition is built on what we call 'TLC,' which stands for transparency, liquidity and custody," said Aleks Kins, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AlphaMetrix. "In partnering with Spectrum, we have selected the only fund administrator that can produce the estimated daily NAV See navigation system and navigation bar. reporting our clients demand, and handle the increased complexity associated with more frequent liquidity." Currently, there are over 62 managers listed on the AlphaMetrix Managed Account Platform. Spectrum will provide unique daily fund administration services for the AlphaMetrix platform managers as well as AlphaMetrix's managed futures index products. These services include daily reporting of P&L, transactions and positions, both per CTA An abbreviation for cum testamento annexo, Latin for "with the will annexed." and consolidated across the AlphaMetrix Managed Account Platform. "The sophisticated structure of AlphaMetrix's Managed Account Platform fits seamlessly into Spectrum's proprietary technology," said David Young David Young could refer to:
Currently, client assets allocated over the AlphaMetrix Platform total approximately $1.7 billion, which includes both direct investments and managed account tracking. About AlphaMetrix AlphaMetrix provides pensions, endowments, funds of funds, and other qualified investors with electronic access to a diverse, vetted group of commodity trading advisors (CTAs) and managed futures index products. CTAs on the electronic AlphaMetrix Managed Account Platform offer transparency, provide improved liquidity options and agree to custody investor funds with third-party, top-tier futures brokers. In addition to direct investment access, AlphaMetrix offers portfolio construction, research and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , risk management, and real-time portfolio analysis and reporting. As of January 2009, over $1.7 billion is on the AlphaMetrix Managed Account Platform. www.alphametrix.com About Spectrum Global Fund Administration Spectrum offers daily operations outsourcing and monthly fund administration solutions to hedge funds, funds of funds, CTAs and managed account platforms. Through its proprietary Virtual Back Office (VBO VBO Vertex Buffer Object VBO Vested Benefit Obligation (pension valuation) VBO Valence Band Offset (semiconductor property) VBO Vertical Burnout VBO Vakgebiedsbibliothecarissenoverleg VBO Virtual Battery Operation ) technology platform, Spectrum provides investment managers and their investors seamless access to transparent portfolio, shareholder and financial information. www.spectrumgfa.com |
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