Wednesday, 23 July 2014
Last updated 7 hours ago
Aug 12 2011 | 11:06am ET
Concept Capital Markets has launched a new managed accounts platform.
The boutique New York-based prime broker has created a registered investment advisor that will allow its clients to offer their clients managed accounts. Concept's hedge funds will be able to move all of their money to the new platform or can offer managed accounts to existing or potential investors on an individual basis, HFMWeek reports.
"Growing assets under management in a hedge fund world can be difficult at times and an alternative to starting a hedge fund would be to run money as a single managed-account business," Concept's Robert Moore said.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…