Cowen Outsourced Trading named “Best Outsourced Trading Provider” for Second Year in a row at Hedgeweek European Awards 2020

Cowen Inc's global Outsourced Trading group was recognised as the “Best Outsourced Trading Provider” at the Hedgeweek European Awards 2020.

The criteria for the awards were based on an online peer review system in which managers, fund administrators, prime brokers, custodians and advisers were invited to elect “best in class” in a variety of categories.

Upon winning the award for the second year in a row, Bobby Croswell, Managing Director, Outsourced Trading, said: “We’re honoured to be recognised yet again by Hedgeweek and our peers in the industry as Best Outsourced Trading Provider. This award validates our continued commitment to providing reliable, secure and innovative service and solutions to support our clients. We look forward to continuing to aid our clients with best-in-class tools and support that will improve the operational and administrative aspects of their business and allow them to focus on their core competencies.”

Michael Rosen, Managing Director and Global Co-Head of Prime Brokerage and Outsourced Trading, adds: “Our ability to offer investment managers a premier, cost efficient solution for their trading needs remains a tremendous source of pride for us. The full service, multi-asset class nature of our global offering – and in particular its differentiation due to its transparency and the intensive operational support we provide our clients – are key drivers of the growth of our Outsourced Trading business.  We will continue to invest in personnel and technology, and our team is now more than 20 traders strong with professionals across the United States, London, Belfast, and Hong Kong.”

The annual Hedgeweek Global Awards recognise excellence among hedge fund managers and service providers around the world and celebrate the achievements of firms that contributed to another significant year for the sector. Winners were presented with their awards at a ceremony held in London on Wednesday, 26 February, 2020.