Friday, 22 August 2014
Last updated 15 hours ago
Oct 2 2013 | 9:54am ET
Hedge fund administrator SS&C Technologies has acquired insurance linked-securities specialist Prime Management.
Prime administers $6 billion in assets for 25 clients, ranging from emerging managers to large institutional managers, from offices in Bermuda and Canada.
“Investors are looking to diversify and are attracted to ILS. The knowledge of the Prime team, attention to customer service, and the addition of dedicated ILS expertise is a strategic fit for SS&C’s fund administration services,” said Bill Stone, SS&C CEO, in a statement: “The acquisition is well-aligned to our overall corporate strategy and will enable us to add further value to clients."
The acquisition is the latest for Windsor, Conn.-based SS&C which, in 2012, acquired London-based GlobeOp Financial Services and Texas-based hedge fund administrator Hedgemetrix.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note