Financial Standard – Australian fund of hedge fund managers can manage liquidity levels in real time after Northern Trust enhanced the firm’s Hedge Fund Monitor product.
The feature, which is available via Northern Trust’s relationship with youDevise, allows the fund of hedge fund manager to integrate all hedge fund gating terms into the fund’s liquidity calculations so they understand how and when they can access cash.
Gates are setup by hedge fund managers to limit redemptions and prevent a run on the fund.
