“Our history is that we’ve been very welcoming to start-up hedge funds. Even as the opportunities to service larger managers grow, we’re not just walking away from what has been a significant part of our business,” says Jack Seibald (pictured),
By James Williams – On 4 August 2014, the Wall Street Journal reported that Goldman Sachs had commenced culling its hedge fund client roster, offloading managers who simply weren’t generating enough return on equity. Fast forward to 7 December 2014.
Scotiabank is one of a stable of Canadian banks that have decided to enter the prime services space as regulation begins to shake up the established order. Basel III and other regulations are providing new entrants with similar opportunities that
“In 2011, we identified that larger prime brokers were pulling back on smaller hedge funds. We saw our opportunity at that point,” states Paul Kelly (pictured), CEO of London-based Linear Investments Limited; an FCA-approved full service mini prime broker (Linear
Japan attracted significant international interest following the launch of Abenomics – how should global hedge fund managers assess Japan, and the rest of Asia, as a long-term source of capital? The first two pillars of Abenomics, fiscal stimulus and monetary
Today’s evolving regulatory landscape is playing to the strengths of ABN AMRO Clearing, certainly with respect to EMIR and AIFMD. Over the last 35 years, ABN AMRO Clearing has built a nexus to global market infrastructures to provide execution services
Celebrating its 150th year anniversary in 2014, Societe Generale took the decision in May 2014 to buy out Credit Agricole’s 50 per cent stake in Newedge, a leading provider of clearing and execution services in OTC and listed derivatives. This
By James Williams (pictured) – A wise man adapts himself to circumstances as water shapes itself to the vessel that contains it. (Chinese Proverb) It’s a well-known fact that adversity breeds innovation. As tough as it has become to do
New capital and leverage ratios being mandated by the Basel III rules will penalise prime brokers whose securities financing operations will be incrementally included as risk exposure that requires a capital buffer. TABB Group says that the rules, treatment of
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has published an updated guide for hedge fund managers to use when selecting a prime broker. AIMA’s Guide to Sound Practices for Selecting a Prime Broker incorporates changes
