Hedge funds enquiring about State Street’s new front-to-back offerings as the custodian and fund administrator begins reaping rewards of Charles River deal.
Tag: hedge funds
The prime broker continues to add to its growing roster with the addition of Morgan Stanley's former client coverage COO.
Credit Suisse stated it has seen increased profits following its programme of optimising and rationalising its prime brokerage balance sheet.
The service will also cover multi-asset execution, outsourced trading and introducing clearing services for hedge funds, mutual funds and family offices.
The review will include a potential uplift of operations for client on-boarding, asset servicing, collateral management and settlement processes.
Hedge funds are concerned a potential cap on synthetic leverage could cause several problems for certain strategies.
The addition of Beacon Fund Services takes Apex's total assets under administration to $610 billion.
Also known as Delta One, the synthetic prime brokerage business accounted for nearly half of JP Morgan’s total global prime finance revenue in 2018.
The AIS division has fast emerged as a key strategy area for the bank’s fund administration business as it looks to target alternative investment managers.
Fund administrator hits new highs with $1 trillion in AuA through growth in private capital and the APAC region.