Cowen Prime Services has been named Best Global Prime Broker at the 2016 Hedgeweek Awards.
This award is based on a peer review system whereby Hedgeweek’s readers, including institutional and high net worth investors, hedge fund managers, and other industry professionals at fund administrators, prime brokers, custodians, and advisers, select the top performer in a series of categories.
Michael S Rosen, Global Co-Head of Prime Brokerage Services, says: “It is gratifying to have been recognised by industry peers for our leadership in prime services. This award is meaningful because, as former investment managers who understand the complexity of launching and managing a hedge fund, our goal has been to develop tools and support services that improve the administrative and operational aspects of our clients’ business.
“These offerings include robust custody, execution and clearing, portfolio management and reporting, and operational support solutions. Through Cowen, we also provide non-conflicted trade execution, sophisticated equity research and access to investment conferences. While some prime brokers are reducing their support of hedge funds, prime services plays a key role in Cowen’s overall business. We are proud that clients continue to choose us to help them grow their business.”
