J.P. Morgan Worldwide Securities Services has released HEDGE:ahead, a guide for launching hedge funds in Asia.
Developed by J.P. Morgan’s hedge fund services team in conjunction with contributors like the Alternative Investment Management Association, Axxsys Consulting, EurekaHedge, Ogier and PricewaterhouseCoopers, HEDGE:ahead features articles on areas of interest to new funds. These include jurisdiction and regulatory issues; fee structures; service provider selection; and technology systems and processes.
Adam Wallace, head of hedge fund services, Asia Pacific, for J.P. Morgan WSS, said: “When a hedge fund is preparing to launch, its managers invariably focus their efforts on developing the right investment theme and the most appropriate trading strategy—and raising capital, of course. However, even with a successful trading strategy, a robust operational structure is crucial. If funds want to attract investors, they'll need to partner with leading service providers, incorporate strong EMS/OMS systems, establish effective segregation of duties and integrate comprehensive operating procedures. Funds must design themselves from the outset to successfully complete institutional-grade due diligence reviews.”
J.P. Morgan WSS is a securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, WSS has $16.1 trillion in assets under custody and $7.3 trillion in funds under administration.