Friday, 26 December 2014
Last updated 2 days ago
Jul 16 2010 | 5:58am ET
JPMorgan Chase has sold hedge fund risk solutions provider Measurisk to MSCI Inc.
Terms of the deal, which is set to close this month, were not disclosed. Measurisk, which is currently an affiliate of JPMorgan Worldwide Solutions Services, offers risk-transparency and risk-measurement products for hedge fund investors.
“The acquisition of Measurisk will bring together two leaders in the field of risk reporting and aggregation services for hedge fund investors—RiskMetrics HedgePlatform and Measurisk InterSight," said Henry Fernandez, MSCI CEO.
"Institutional investors, including pension funds, are demanding increasing levels of transparency from their hedge fund managers," he said. "This transaction will allow us to develop a common platform and to set the standard for analyzing and reporting hedge fund risk."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.