04:57 PM
Risk Newsflashes
Descartes Investment Management Deploys Sophis VALUE for Hedge-Fund Strategy
Descartes Investment Management, an Asia-focused hedge fund, implemented Sophis VALUE to support its multi-strategy business, including convertible arbitrage, macro, equity-derivatives volatility and equity long/short.
With $150 million in assets under management, the new fund is using VALUE as its main integrated platform for the front office, the middle office and risk management.
"After a comprehensive selection process involving most of the main solution vendors in this marketplace, we chose Sophis VALUE because we believe this system provides the best capacity for sophisticated cross-asset derivatives trading and investment strategies, which match with the main focus of our company's investment strategy," states Edgar Chuan, founder and chief executive officer of Descartes Investment Management Group in the release.