Pershing LLC’s prime brokerage division received the Best Prime Broker Award at the inaugural US Hedgeweek Awards ceremony in New York.
The winners of this year’s awards were determined by votes cast by Hedgeweek subscribers; which includes institutional investors, wealth advisors and managers.
Voters singled out Pershing Prime Services based on a diverse set of criteria including excellent client service, consistency and ease of doing business.
"It is an honour to be recognised by industry professionals for our leadership in the prime brokerage business," says Gerry Tamburro, managing director of Pershing Prime Services. "This recognition reflects our commitment to providing our clients with a robust platform that combines the global resources of BNY Mellon with unmatched service and operational support. Our solutions are designed to help hedge funds take advantage of emerging opportunities to grow their business."
The Hedgeweek recognition marks the second award Pershing Prime Services has received in the past seven months. In December 2010, the division earned top honors at HFMWeek’s US Hedge Fund Services Awards ceremony, winning for "Best Prime Broker – Custodial Solution."
Pershing Prime Services delivers an unconflicted, comprehensive suite of global prime brokerage solutions. This includes extensive access to securities lending, dedicated client service, robust technology and reporting tools, worldwide execution and order management capabilities, a broad array of cash management products and the integrated platform of BNY Mellon. Pershing Prime Services is a service of Pershing LLC.
