News in brief: Gandhara selects Sophis processing

Monday 20 February 2006 at 16:00

Gandhara, a long/short equity hedge fund with more than €1bn ($1.2bn) under management, has turned to Sophis, a financial technology firm, for portfolio management and transaction processing. The hedge fund is to use Value, Sophis' buyside system, in Hong Kong and London.

Bloomberg adds BNY algorithm