Prime Services For Hedge Funds

Skandia Investment Group (SIG) is enhancing its highly successful GBP1bn risk targeted Spectrum range of funds by launching ‘Spectrum Select’ – a service which gives financial advisers new tools to provide their clients with an even more personalised investment service. »

Pershing LLC, a BNY Mellon company, has added more than 20 new providers to its ValueAlliance program. ValueAlliance offers Pershing's introducing broker-dealer, independent registered investment advisor (RIA) and hedge fund customers preferred pricing and access to solutions from a network of third-party firms and consultants. »

Lord, Abbett & Co LLC (Lord Abbett), an independent, privately held investment management firm, and Wilshire Associates Incorporated (Wilshire), a global, independent investment consulting and services firm, have jointly launched Pro Active Income Solutions, an innovative asset-allocation approach designed to deliver targeted income for the independent advisory market.   »

State Street Corporation and International Financial Data Services (IFDS) Canada have been appointed by PIMCO to provide a range of investment services for PIMCO’s newly launched Canadian retail funds. »

New York-based private equity firm Aquiline Capital Partners has made an investment in HedgeServ, a hedge fund administration company founded by James Kelly and Gene Mannella. »

Investors in hedge funds and funds of funds and the individuals and institutions that advise them are responding to the Bernard Madoff scandal by reviewing the mechanisms available to moni »

The price of commercial office space in Mayfair and St. »

Jersey's fund servicing industry amounted to assets of USD270.3bn (GBP135.8bn) in 1,605 funds and sub-funds at the end of June, up more than 160 per cent from USD102.3bn (GBP57.3bn) five y »

The tales of woe are growing from the many hedge fund managers that were prime brokerage clients of Lehman Brothers. »

Phoenix Fund Services, a specialist provider of offshore and onshore traditional and alternative fund administration services, has won a mandate to service Lindsell Train's USD30m offshore »