Prime Brokerage NorthPoint Unveils New Platform

Mar 5 2009 | 10:37am ET

Prime brokerage NorthPoint Trading Partners has announced a new offering for separately managed accounts managers. The firm’s clients now have the ability to manage assets via separately managed accounts in addition to private investment partnerships and mutual funds.

"NorthPoint Trading is dedicated to serving professional investment managers regardless of the structure with which they choose to run their business," says Douglas Nelson, chief executive officer. "While we have always offered SMA managers all the tools necessary to run their business, our new suite of products takes our offering to a whole new level."

NorthPoint Trading is an institutional brokerage and fund services company. The firm has clearing relationships with Goldman Sachs Execution and Clearing, J.P. Morgan Clearing Corp., and Jefferies & Co.

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