Thursday, 27 November 2014
Last updated 13 hours ago
Apr 10 2009 | 8:09am ET
The Bank of New York Mellon’s prime brokerage unit has unveiled a pair of new tools for its business consulting clients.
Pershing’s prime services group now offers a start-up simulator tool and a new guidebook, A Guide to Establishing a Hedge Fund. The start-up simulator is designed to help hedge fund managers plan for their early days, especially the first 18 months of operation.
“Embarking on the launch of a new hedge fund can be a challenging and overwhelming experience,” Craig Messinger, managing director of Pershing Prime Services, said. “Through our strategic relationships with a broad array of industry experts and our companies' broad-based experience serving hedge funds, we have integrated a wide range of tools into a comprehensive practice management offering to provide hedge fund managers with actionable information, ready-to-execute solutions and hands-on business development support to help ensure that they are well positioned to grow their businesses.”
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…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...