Pershing Adds AltX Hedge Fund Intelligence

Pershing LLC, a BNY Mellon company, announced today at its INSITE 2016 conference that it has added the hedge fund intelligence platform, AltX, to its Alternative Investment Center (sic).

Accessible through NetX360, the Alternative Investment Center provides advisers with access to educational resources, research and tools to help inform their alternative investment strategies.

Pershing says this will help advisers evaluate hedge fund investment opportunities by providing them access to hedge fund market data, insights and analytics.

As part of the Pershing and AltX relationship, AltX analyzes over 300 private funds across 26 metrics such as strategy, assets under management (AUM), historical returns, and additional subscription, redemption and regulatory information and provides the integrated data directly into NetX360. The platform also delivers daily hedge fund-related news and printable fund reports to clients.