Moving beyond brokering
HEDGE FUND & INVESTMENT TECHNOLOGY | FEATURE: HOW HEDGE FUNDS SELECT THEIR PRIME BROKERS
Gone are the days when prime brokers could afford to offer their hedge fund clients little more than clearing and settlement services and hope to get away it. Now hedge funds are demanding more value-added services from their prime brokers, and the prime brokers themselves are having to come up with innovative ways of not only attracting new funds, but retaining existing ones. By Stewart Eisenhart
In terms of trade execution, the relationship between a hedge fund and its prime brokers has
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