AsianInvestor announces winners for prime broker of the year and the best in asset services. Next week we will unveil winners in part 2 of our awards, for investment management.
Tag : prime broker
North American institutions are now the major source of Asian hedge fund allocations, leading to a shift in the way fund managers present themselves to investors.
Asian managers turn in a benchmark-beating 4% gain in January, refuelling hopes of attracting much-needed investor inflows to the sector. Event-driven funds fare best.
Making custodians liable for asset losses would raise costs sharply, lead to consolidation and alter the way the industry operates, agree summit participants.
Korea's nascent hedge fund industry, in which a dozen managers operate, has good long-term prospects as regulations and prime brokerages evolve, says Misys.
Actually, it'll probably be more like a quadropoly, concedes Deutsche Bank's Harvey Twomey modestly, after his firm topped AsianInvestor's latest mini-poll.
Scott Ashton returns to the US bank after a spell at Blackstone.
Dave Forsyth and Claire Austin join the firm.