Northern Trust Partners with youDevise to Provide Funds of Hedge Funds with Daily Portfolio Management Data.

LONDON, January 28 /PRNewswire/ --

Northern Trust announced that through an exclusive, worldwide partnership with financial applications company youDevise, it will offer funds of hedge funds daily portfolio management data. Typically, funds of hedge funds ("FoHF") can only get this type of information from their administrators on a monthly basis and without nearly as much detail.

The partnership will see Northern Trust become the first global asset servicer to adopt youDevise's Hedge Information Provider 2.0 (the HIP) -- an online portfolio management system ...

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