Sophis has signed an agreement to offer portfolio and risk management services to Nau Capital, a deal that marks the eighth new hedge fund client it signed in eight months. Other new hedge fund clients include Harbour Capital, Camargue Capital and Brait.

“Over the last two years investors have become more sophisticated and the hedge fund industry has consequently seen an increasing demand for infrastructure investment in funds. There is no longer a focus on long/short equity, and new products tend to be cross-asset or concentrated on more sophisticated asset classes,” said Callum Runcie, head of sales for hedge funds in the U.K., Ireland, Nordics and South Africa. “There is increased demand for transparency and risk control from investors. As a result, hedge funds have to set higher standards of risk and portfolio management procedures to ensure they have the infrastructure in place to meet these changing requirements.”

In response