Infonic has launched HedgeSphere 4.3, the latest version of its software suite for funds of hedge funds (FoHFs). The software offers functionality for portfolio administration and the middle office, providing managers with greater liquidity control, asset management, transparency and investor servicing.

The HedgeSphere suite is comprised of two products: HedgeSphere PAD for portfolio administration and HedgeSphere MO for portfolio management, planning and dealing.

HedgeSphere PAD provides enhanced capabilities for the calculation and processing of investor fees, including in-advance fee calculations, automated fee crystallization and investor equalisation tracking. It also now supports natural hedging and provides real-time views of cash available across accounting entities.

The latest version of HedgeSphere MO provides improved trading workflow and exchange of information among portfolio managers, as well as enhanced equity exposure analysis.

In addition to enhanced fee calculation, HedgeSphere PAD handles multi-level accounting, hedge fund pricing, net asset value (NAV), multi-currency cash management and cross-portfolio rebates. HedgeSphere MO offers scenario-based visual trade planning, cash and FX Management, dealing and liquidity term support, allocation breakdown and pre-trade compliance checking. It also offers trade approval, instruction and tracking workflow with an open interface to external systems.

Headquartered in Switzerland, and with offices in Zug, Zurich and New York, Infonic clients include Cadogan Management, Financial Risk Management, GFIA, Glenwood Capital Investments, HSBC Alternative Investments, LGT Capital Partners, Man Investments, Mirabaud Banquier Prive, Thames River Capital and the Citco Group.