Vertex Asset Management has signed up for Linedatas newly launched Global Hedge hosted platform. Linedatas Canadian client base has grown by 35% since opening its Toronto office in early 2011.
Vertex One runs over $1 billion in assets under management within six funds, comprising both alternative and mutual funds.
The company needed a system to carry out analysis at the strategy and fund levels. Jeff McCord, managing director of Vertex One explains: In the Portfolio Management module of Linedata Global Hedge we have selected a solution which will help us improve on our alpha generation through better attribution and contribution analysis. We are constantly searching for ways to increase performance and the dependability of our systems; though the smarter use of technology with Linedata Global Hedge, we are confident we will be able to do just that.
(JDC)