Goldman World's Largest Prime Broker

Oct 4 2012 | 11:03am ET

Goldman Sachs has retained its prime brokerage crown, remaining the world's largest with $222.6 billion in assets.

The Wall Street giant, which has more than 900 clients, topped European rival Credit Suisse, which came in second with $200 billion, according to Hedge Fund Intelligence. JPMorgan Chase is the third-largest prime, with $187 billion.

Despite having more mandates than any prime broker besides Goldman, Morgan Stanley has only the fourth-most assets, $163 billion.

The first-tier is rounded out by UBS and Deutsche Bank, each of which has in excess of $100 billion in prime brokerage assets. Citigroup, Barclays Capital and Bank of America Merrill Lynch follow, but none boasts even $60 billion in prime assets.

HFI's survey, its first, seeks to cover the whole of the industry by combining the results of prime brokerage surveys conducted by AR magazine, EuroHedge and AsiaHedge.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.