JPMorgan was recently named “Best Overall Hedge Fund Administrator” by HFMWeek magazine in its 2009 Service Provider Awards. The awards recognize hedge fund service providers that outperformed their peer group in 2008/2009, and that demonstrated financial progress, growth and genuine innovation.
According to the Awards judges’ statement: “A truly global administrator; JPMorgan was one of the few top credit-rated banks to take advantage of the flight to quality last year, offering the industry peace of mind at a time it needed it most.”
“We have been one of the fastest growing hedge fund service providers for the past several years,” says Huw Williams, global head of sales for JPMorgan Hedge Fund Services. “In a field of over 70 hedge fund administration providers, it is gratifying to be recognized in the industry as doing what we do better than any other organization.”
With over $66 billion in alternative assets under administration, JPMorgan Hedge Fund Services is a top-tier provider of independent fund administration and comprehensive outsourcing solutions to hedge funds and funds of hedge funds. It has offices in Boston, Dublin, Greenwich, Hong Kong, London, Luxembourg, Mumbai and Sydney.
D.C.