|Aria Protected Funds selected Pricing Partners’ derivatives independent valuation services - May 2011|
Pricing Partners, the world leader in OTC derivatives pricing analytics, mathematical models and independent valuations, announced today that Aria Protected Funds, a Luxembourg-based manager of high yield, protected funds, has selected Pricing Partners’ flagship independent valuation platform, Price-it Online (PIO) for its alternative assets.
Aria Protected Funds will use Price-it Online to further validate and challenge counterparty pricing. Price-it Online will add an additional level of transparency and auditability in the valuation process for these unique liquid, protected funds.
“The independent valuation and benchmark pricing have increasingly become priorities for hedge fund managers,” commented Eric Benhamou, CEO at Pricing Partners “We are very pleased to work with Aria Protected Funds. We believe that our structured products independent valuations will give them confidence to make decisions.”
About Aria Protected Funds
Since 2007, the Aria Protected Funds have provided a unique combination of passive investment, protected investment portfolios, and liquidity without the normal risks associated with retail asset management or fixed term products. Currently managing over 200,000,000 USD, the Aria Protected Funds include an inbuilt risk-management process which uses the best thinking of the institutional investment community. The risk-management procedures ensure that in a declining market, less money is placed in the underlying investments. When the Bears are replaced by Bulls, more money is allocated to the investment component. This is an ongoing process and done every day, using proprietary models which are made available to all investors. Aria Protected Funds are offered to charities, trusts, pensions, and wealthy investors across Europe, Asia and South Africa in USD, EUR, GBP, and CHF.
About Pricing Partners
Set up by former professionals of the trading industry, Pricing Partners offers accurate solutions for derivatives products valuation, pricing tools and risk analytics with full transparency.
Pricing Partners delivers:
Pricing Partners offers cover commodity, credit, equity, fixed income, fx, funds, inflation, interest rates, life insurance and hybrids OTC products. They are widely adopted by investment banks, asset management firms, hedge funds, corporations, pension funds, fund administrators and audit firms.
Pricing Partners holds offices in Paris, London, Singapore and Hong Kong. Its solutions have been ranked number 1 in Pricing and Analytics by Structured Products Magazine in 2010.
Direct: +33 1 70 60 72 46
Fax: +33 1 70 60 72 31