Tag Archives: prime services

UBS Approached by 50 Potential Hedge-Fund Startups

Bloomberg – UBS AG, the largest Swiss bank, has been approached by about 50 potential hedge-fund startups in the Asia-Pacific region as the industry recovers from record losses in 2008. “We are tracking 50 different groups across Asia-Pacific who are […]

Fueling Growth: Outsourcing Solutions for Hedge Funds

New York (HedgeCo.net) – A new whitepaper published by Pershing LLC, a BNY Mellon company, and Aite Group LLC examines critical hedge fund operations, entitled, Fueling Growth: Outsourcing Solutions for Hedge Funds, reports that an increase in client redemption requests […]

Prime Brokerage Services Division Launch For Hedge Funds and Investment Advisers

New York (HedgeCo.net) – TradeStation Securities, Inc., has launched the TradeStation Prime Services division to fill the growing need of start-up to mid-sized hedge funds, the company said today. TradeStation Prime Services will be co-headed by Lance Baraker and William […]

Credit Suisse Asia grabs UBS prime brokerage head

Reuters Hong Kong – Credit Suisse on Wednesday said a top UBS AG prime brokerage banker will join the bank as head of prime services for Asia-Pacific, based in Hong Kong. Since 2007, Matt Pecot was the Americas head of […]

Bank of NY Unit Expands Hedge Fund Consulting Services

West Palm Beach (HedgeCo.net) – Pershing LLC has expanded their business consulting services by including a hedge fund start-up simulator tool and a new guidebook to assist hedge fund managers with the launch of new funds. Pershing is a subsidiary […]

UBS sees hedge fund assets shrinking

Reuters – Hedge fund assets will continue to shrink this year, falling as much as two-thirds from their 2007 peak, but investors will return and assets will rebound when the economy revives, Alex Ehrlich, global head of prime services at […]