Thursday, 2 October 2014
Last updated 45 min ago
Apr 7 2014 | 4:36am ET
London-based boutique prime brokerage firm Global Prime Partners has appointed Deutsche Bank to provide execution, clearing and custody services for its rapidly expanding client base of emerging managers, family offices and professional traders.
In recent years, banks and many prime brokerages have stopped providing direct services to smaller hedge funds and emerging managers, instead focusing on larger, more lucrative clients. Boutique prime brokerages have stepped in to fill the void, accepting smaller clients, while at the same time teaming up with large brokerages to offer the institutional quality services that small hedge funds now demand.
Julian Parker, CEO at GPP said: “We are excited to be partnering with another top-rated institution and are already enjoying the operational benefits that Deutsche Bank is providing. We continuously see smaller managers and broker dealers having difficulties gaining access to large, reputable institutions, but through Deutsche Bank, we will be able to provide our clients with this opportunity.”
Deborah Thompson, managing director and global head of direct securities services sales in Deutsche Bank’s global transaction banking, said: “We are delighted to be able to bring our market-leading clearing and custody services to GPP. They have an excellent reputation and we believe Deutsche Bank is the ideal partner for such a dynamic organization.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...