Hedge funds are helping drive prime brokerage revenues higher among investment banks such as Goldman Sachs, Morgan Stanley and Bank of America this year, according to a report by the Financial Times. Goldman Sachs’ equities, fixed income, commodities and currencies
BTIG’s Prime Brokerage division has been named the Best Prime Broker for Start-Up and Emerging Managers by Hedgeweek’s Americas Awards 2021. Now in its tenth year, the annual Hedgeweek Americas Awards “recognise excellence among hedge fund managers and service providers
StoneX Group Inc’s Prime Services Division has launched a new Prime Direct offerings which leverages the firm’s technology to bridge the void between full-service Prime Brokerage services offered to larger managers and discount brokerage options accessible to emerging investors. Providing
BCS Global Markets: Best Boutique Prime Broker – The prime brokerage landscape has seen significant changes over the last couple of years, making it difficult for funds to source the right prime partner. BCS Global Markets has established itself as a
SEB: Best Prime Broker – Although client interaction has increased through the shift to virtual working, the importance of relationships in the hedge fund business means physical meetings remain critical. “When things normalise I think we will see a mix of
Market volatility and high volume have exposed weaknesses in trading systems and technology offerings. This has led to reductions in service and increased down time in trading offerings. Providers with the ability to overcome these challenges have stood in good
Buoyancy in the hedge fund industry, following a year of strong performance, bodes well for the prime brokerage business. Numerous new funds are being launched and prudent prime players are benefiting from the renewed interest in the asset class.
Transparency, trust and a clear understanding of the prime broker’s risk management process can help managers build long-term sustainable relationships with their providers. This is especially critical among boutique and mini-prime brokers. These firms are meeting a growing need among
Although it ushered in a whole host of new challenges, when it came to client and audience engagement, the Covid-19 pandemic levelled the playing field between the big banks and smaller players in the prime brokerage market. It encouraged dialogue
By A Paris – Just four months into 2021 and the hedge fund industry had already experienced two major events affecting prime brokerage – the GameStop run and the Archegos collapse. Though these incidents may have rocked some firms, others have held strong
