AlternativeSoft comes a very close No. 2 to Abacus Group in first ever HedgeFunds Review survey

PRLog (Press Release) - Dec. 15, 2011 - AlternativeSoft, a supplier of portfolio construction, optimisation and analysis software has been named number two in the new Hedge Funds Review survey.  The rankings list is the first to be compiled for the hedge fund industry and gives hedge fund and fund of hedge fund managers along with investors the chance to rate service providers.  The rankings cover a wide range of service providers across 28 categories essential to the industry.  AlternativeSoft scored 12.6% of the vote while Abacus Group, a hosted IT solutions provider, scored 12.9% with the third placed Eze Castle Integration, a technology infrastructure company, scoring 11.3%.

Specialist alternative investments provider 47 Degrees North Capital Management has been using Alternative Software’s software platform for over five years.  Fraser McKenzie, managing partner at 47 Degrees stated, “AlternativeSoft enables us to analyse a huge amount of information within a consistent framework, in an easy to use format.  It has made our process of portfolio construction and monitoring much more efficient.  We can draw information and conclusions that allows us to make informed investment decisions. Ultimately this translates to better fund performance for our clients. We have consistently found the responsiveness and technical know-how of AlternativeSoft to be outstanding.”

Laurent Favre, founder, CEO and partner at AlternativeSoft said, “We are delighted to have done so well in this first ever survey of suppliers to the hedge fund industry.  We have a strong customer service ethos within the company and this is reflected in the fabulous support we have had from our clients that voted for us.  We provide a platform to make the analysis of huge volumes of data easy, which enables our clients to streamline many of the processes within portfolio construction, saving time and supporting investment decision making.”

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NOTES TO EDITORS


About AlternativeSoft
Founded in 2005 in Switzerland and now headquartered in London, AlternativeSoft provides at software platform for portfolio construction; ETFs, mutual funds, hedge funds and fund of hedge funds selection; index returns forecasting and; hedge fund indices' replication. The AlternativeSoft  platform is linked to all hedge fund databases, Bloomberg, Lyxor managed accounts and Morningstar.  Hedge fund returns are updated daily.  AlternativeSoft are currently the only software company to offer this free service.

The AlternativeSoft platform is fast to learn and easy to use and ensures that users are rapidly able to build a portfolio with low downside risks using ETFs, mutual funds, futures, hedge funds and fund of fund models.

AlternativeSoft continues to expand in both Switzerland and UK operations.

For more information please visit: www.alternativesoft.com

Editors Contacts
Laurent Favre                  Andreina West/Mary Phillips
CEO                             PR Artistry Limited
AlternativeSoft                  Tel: +44 (0) 1491 639500
Tel: +44 (0) 207 510 2003            email: Andreina@pra-ltd.co.uk
Email: l.favre@alternativesoft.com