MEDIA RELEASE PR36549
FMO Announces New Release of FMO Portfolio Management System with New Reporting and
Attribution Analysis Tools
MELBOURNE, Oct. 13/Medianet International-AsiaNet/ -
FMO, the portfolio management system for hedge funds with industry leading reporting and attribution
analysis, announced a new release of the FMO system today. The main focus of this release is improved real-
time and historic reporting of fund performance across multiple prime brokers and custodians-for better trading
decisions, to manage counterparty risk, and to give external clients more transparency.
Paul Lemphers, General Manager of FMO, commented: "The financial crisis has demanded that Fund
Managers need the ability to analyse their performance quickly and accurately. We have worked closely with
clients to help them gain deeper insight into the performance of their investments by focussing on the sources
of growth over a period of time. All portfolio management systems are able to tell you what a fund's Net Asset
Value (NAV) and P&L is. FMO is able to tell you the how - how did I gain this alpha and what parts of my
portfolio generated it. This helps fund managers make better investing decisions and gives better transparency
to investors."
Avis Tang, Chief Operating Officer at Blue Pool Capital, Hong Kong, and FMO client since 2006
commented: "FMO is an easy to use system with great support that has helped us manage assets with
multiple counterparties, streamline our day to day operations and improve our fund reporting". Blue Pool
Capital Ltd. is a Hong Kong based investment advisory firm. Blue Pool Capital has two clients: a family office
and Absolute Partners Management, the manager of the Absolute Partners Fund. Absolute Partners Fund is
an Asia ex-Japan long-short equity fund that launched in November 2004.
About FMO
FMO (www.fmo.asia) is a new generation portfolio management system that provides users with an
integrated portfolio management system and fund accounting system. FMO recognizes that post the global
financial crisis hedge funds desire to better understand performance, attribution, volatility and counterparty
risk, with an integrated view across multiple prime brokers, custodians, markets and securities; while at the
same time focusing on fund performance, not software. FMO's unique ability to deliver industry-leading
reporting with an entirely online solution meets this challenge.
The FMO portfolio management system was originally developed for the Portland House Group, a leading
private investment firm based in Australia.
Further information:
Paul Lemphers
General Manager
Mobile: +61-419-343-657
Email: paull@fmo.com.au
SOURCE: FMO Pty Ltd