Fmo Opens New Office In Hong Kong

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11th February 2010, 04:50pm - Views: 641






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MEDIA RELEASE PR38291


FMO Opens New Office in Hong Kong


MELBOURNE, Feb.11 /Medianet International-AsiaNet/ --


    FMO (www.fmo.asia), the online Portfolio Management System for global hedge funds with industry leading

reporting and attribution analysis, announced the opening of their Hong Kong office today.


    "We already have a number of key clients in Hong Kong who have successfully been using FMO", said Paul

Lemphers, Director-FMO Asia. "FMO originates from Asia-Pacific and has been developed for hedge funds in

Asia, trading in global markets. FMO's base in Hong Kong will support clients in Hong Kong and Singapore

and reaffirms our commitment to this region."


    FMO also announces the hiring of Cora Tang CFA as Head of Client Services. Ms Tang will be based in

Hong Kong and leads the FMO Implementation and Support teams. Ms Tang joins FMO from Citi Hong Kong,

where she set up and managed the OpenPrime portfolio management system for Citi's hedge fund clients in

Asia. Previous to Citi, Ms Tang worked for front-office trading technology company, GL Trade (now known as

Sungard), and back-office system company DST International. Ms Tang's experience in portfolio management

systems for hedge funds will be invaluable for clients in getting the most out of the FMO system for their

business.


    "FMO has developed a very impressive portfolio management system aimed at the Asian market" said Cora

Tang, Head of Client Services, FMO. "Its reporting functionality allows fund managers to view their portfolios in

any way they want and this is superior to other systems on the market today. Its user-friendliness and

compatibility with Microsoft Excel will bring the industry to a new era."


    The office is located at:

    Citibank Plaza,

    21st Floor,

    3 Garden Road, Central, Hong Kong

    Tel: (+852) 3488-1242


    About FMO

    FMO (www.fmo.asia) is a new generation portfolio management system used by managers of hedge funds

and individual accounts in Asia to report on their investments and manage front and back office operations.


    FMO provides rich investment data that can be easily customized for quick decision making and for

marketing aspects of your fund's performance. FMO is used by absolute return managers trading multiple

asset classes globally using multiple prime brokers/counterparties.


    FMO integrates with external trading/risk systems, prime brokers and data providers so information

captured and reported in FMO is timely and reliable.

FMO also includes an integrated general ledger so clients can track their fund administrator with regards to

accruals, performance fees and capital movements to calculate a complete NAV.


    FMO is a simple to use, web-based system that can be accessed anytime, anywhere.


    For further information please contact:

    Paul Lemphers

    Director

    Phone (+852) 3488-0064

    Mobile: (+852) 9728-3127

    Email: paull@fmo.asia

    www.fmo.asia


SOURCE: FMO Asia

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