Administrative gains


As a hedge fund administrator, Bank of New York (BNY) had a memorable 2003. Its assets under administration leaped a whopping 40% during a year that most would want to forget. Victor Anderson speaks with Jeffrey Bieselin, senior vice-president of BNY, about the needs of the bank’s hedge fund clients, the accounting fallout in the wake of Enron and WorldCom, and the bank’s technology focus

What types of services are your hedge fund clients demanding?

In addition to core administration services

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