Hill Country Asset Management deploys Arcesium and JP Morgan’s joint fund admin offering
The joint offering would support Hill Country to scale their middle- and back-office functions in a quicker manner.
The joint offering would support Hill Country to scale their middle- and back-office functions in a quicker manner.
JP Morgan is anticipating AuA to rise further to $700 billion by the end of year, which would represent a 40% increase in the last 18 months.
The two US banks have been relatively unscathed by the blow-up of hedge fund Archegos Capital in March, which resulted in losses of over $10 billion for Wall Street.
According to Eurex, giving a greater range of market participants direct clearing house access will deliver tangible efficiencies to their repo operations.
Participants in The TRADE and Global Custodian's recent outsourced trading webinar answer some of the questions from the audience.
Former hedge fund executives joins Cowen's global capital introduction team, where it seeks to expand its coverage in Asia-Pacific and the US.
As fund managers flock to private markets for increased returns, many are finding they have to update their technology infrastructure to properly process data and transactions.
With the global pandemic radically changing the way hedge funds operate, combined with the high profile collapse of Archegos Capital, Mark Aldoroty of BNY Mellon's Pershing explains how prime brokers will have to stay on top.
The Swiss bank will undergo an extensive review of the business where it will focus on derisking and resizing its hedge fund servicing unit.
A recent survey from Credit Suisse Prime Services found allocators are increasingly using hedge funds to invest in private markets.