Northern Trust’s Hedge Fund Monitor, an integrated online portfolio management tool, will be used by Stenham Asset Management for information and analytics to its hedge fund of fund portfolios.

According to the Northern Trust, the tool will provide transparency into the performance and liquidity of Stenham Asset Management’s portfolios of hedge fund investments and will be updated through an online reporting system on a daily basis.

Stenham Asset Management Group managing director Jeremy Alun-Jones said that Stenham appointed Northern Trust based on the experience and expertise of their personnel, as well as their ability to provide innovative and market-leading technology within the fund of hedge funds arena.

Stenham Asset Management has been active in fund management for more than 25 years and provides solutions for pension funds, charities, family offices and high net worth individuals, including both discretionary portfolios and funds of hedge funds.

Stenham has clients across the globe in the UK, Channel Islands, the Caribbean, Europe, South Africa, Latin America, Japan, Asia-Pacific and the Middle East.

Northern Trust supports global hedge fund and fund of hedge funds managers through a range of middle-office, fund administration, custody, banking, online data management and trade execution tools, risk analysis and reporting solutions, all supported by a global technology platform.