JP Morgan has placed data at the core of its alternatives fund services offering, and has diverted significant investment into private equity fund administration.
Tag: hedge fund administration
The deal will increase MUFG's Investor Services assets under administration (AuA) to over $600 billion, giving it enhance hedge fund administration capabilities.
New client dashboards to provide greater transparency into workflows and metrics.
The relatively consistent scores signals how hedge fund administrators are still focused on their core service provision.
The high-profile mandate is the latest for Northern Trust’s hedge fund services division, following the launch of new technology products for its hedge fund clients.
Northern Trust's technology launches have been focused on providing added transparency and enhancing investor experience for hedge funds.
Hedge fund administration has been cited as the perfect testing ground for new technologies, such as artificial intelligence and natural language processing.
Revenues for the technology giant more than doubled and reached nearly $3.5 billion for the end of 2018.
Peter Sanchez, Northern Trust’s head of North America Alternative Investment Services, gives his view on how the custodian has dealt with being the independent verifier for Bridgewater Associates.
Eileen Murray, co-CEO of Bridgewater Associates, helped launch the industry’s first dual-outsourcing model using two custodians. Joe Parsons speaks to Murray about how the world’s largest hedge fund has utilised this model.