Prime Brokerage

Goldman To Offer Derivatives.com To Prime Brokers

Imagine Software, Inc. has entered into a strategic alliance with Goldman Sachs International (GSI) to offer Imagine's ASP risk management and trading services to clients of GSI Prime Brokerage. This arrangement formalizes a partnership developed last year in which several

Average US Hedge Fund Dips in February

Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff

Hedge Fund Bubble Yet to Burst

According to Hedge Fund Association, unlike the typical stock or mutual fund, hedge funds were profitable in January. The average U.S. based hedge fund gained 0.5% net last month while the average offshore hedge fund earned 1.0% net. In contrast,

JP Morgan to Enter Prime Brokerage Business

Any doubts that the hedge fund bubble has now inflated to bursting point are dispelled by a report in "Derivatives Week" that JP Morgan is about to make its long anticipated entry into the prime brokerage business, with operations in

Weak Markets Yield Strong Results for Hedge Funds

Zurich Scudder's Mutual Fund Business Moves to Chicago Zurich Scudder Investments plans to cut staff and move its U.S. mutual fund business from Boston to Chicago, according to Bloomberg. The report indicated that some account managers and support operations staff