Lehman's prime brokerage to offer clients RiskMetrics tools online
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"As investing in hedge funds continues to expand, the need for transparency and accurate assessment of risk becomes paramount," said Ethan Berman, chief executive of New York-based risk analytics provider RiskMetrics. As institutional funds seek alternative investment strategies, the need for a single, consistent measure of risk that communicates in a common language across all asset classes is clear, he added.