JPMorgan Hedge Fund Services Snags $10B Fund of Funds Account

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.
 


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of