Sycamore Shanghais Linedata

Linedata has partnered with Sycamore Investment Services in Shanghai, to provide front to middle-office services to China’s hedge funds.

Linedata describes Global Hedge as an intuitive end-to-end portfolio management system, providing clients with total control of their portfolios and transactions in an industry with increasing trading volumes combined with heightened transparency requirements.

This new partnership reflects an increasing demand from hedge funds in China to seek middle and back office fund operation and administration services from a third party provider to provide trade processing, corporate actions processing, position/transaction reconciliation, pricing/valuation, P&L analysis, NAV calculation and investor relations services, it adds.