Evolution in the fund services sector
Global Custodian will be hosting two panel sessions in New York City on 7 November. Registration will begin at 4:30 p.m. with the sessions starting at 5:00pm and ending at 6:00 p.m.
Panel 1: Are fund administrators the new specialist front-office providers?
Many alternatives investment fund administrators are seeing a convergence of the middle and back-office, and are now turning their attention to new revenue-driving front-office services. Will they emerge as the new front-office specialists, and will everyone adopt a front-to-back model? Or will traditional back-office outsourcing survive?
– Chris Meader, Founder, North America Fund Administration Association (moderator)
– Andrew Dougherty, Americas Head of Asset Managers and Alternative Investors, BNP Paribas Securities Services
– Stephanie Miller, CEO, Intertrust
– David Nable, Managing Director, Arcesium
Panel 2: Do hedge funds still hold the balance of power over prime brokers?
There has been a constant shift in the balance of power between prime brokers and their hedge fund clients. As new entrants compete for market share among the tier 2 and 3 prime brokers, does the power still reside with hedge funds over financing terms? Or has a relaxation in capital requirements and consolidation shifted power back to the banks? And what impact will this have on services?
– Joe Parsons, deputy editor, Global Custodian (moderator)
– Michael Fitzgerald, head of equity prime finance origination, Cantor Fitzgerald
– Alexandra Krystal, managing director, prime services, CIBC
– Ted O’Connor, head of sales, ENSO Financial
– Matthew Ferreira, head of US equity finance trading, Nomura