Thursday, 27 November 2014
Last updated 21 hours ago
Sep 19 2007 | 12:09pm ET
JPMorgan Hedge Fund Services has gained ground in the increasingly competitive world of fund administration by winning a contract to handle Financial Risk Management’s fund of funds accounts.
JPMorgan Hedge Fund Services will provide fund accounting, financial reporting, transfer agency, partnership allocations and custody services to over $10 billion of assets in portfolios managed by FRM.
"FRM's history of leadership, investment performance and innovation in the fund of hedge funds market makes them an ideal partner for us,” said Robert Caporale, global head of JPMorgan Hedge Fund Services.
JPMorgan's Hedge Fund Services business has operations in five countries and plans to increase this number. The firm provides services to more than 240 funds representing approximately $75 billion in assets under management.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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