Hedge
funds a BPO opportunity for India January 19, 2007. PTI
Hedge funds operating in the US and other parts of the world
provide a good business process outsourcing opportunity for
India, given the business model of the funds shifting their
assets from one market to another, experts have said.
Leading
Fund Administrators Are Building Out Their Fund Administration
Services January 11, 2007. Wall Street & Technology
As competition forces hedge funds to move into more-complex
instruments in search of higher returns, middle- and back-office
functions also are becoming more complex and cumbersome. Combined
with the pressure to comply with corporate actions regulations
and Sarbanes-Oxley, the growing burden is leading a rising
number of hedge funds and fund managers to outsource middle-
and back-office functions, thus allowing investment managers
to focus on what they do best: turn profits for clients.
Old
Mutual Asset Managers (SA) And JPMorgan Reach Outsourcing
Agreement
Old Mutual Asset Managers, South Africa (OMAM (SA)) and JPMorgan
Worldwide Securities Services today announced that they have
reached agreement for the outsourcing of OMAM (SA)'s investment
administration operations to JPMorgan's Worldwide Securities
Services business in South Africa.
BofA
Securities sells small outsourced trading biz Sep 11, 2006. MarketWatch
Banc of America Securities agreed to sell a small part of
its prime brokerage business that offers outsourced trading
to hedge funds.
Trends
in Hedge Fund Administration Celent, LLC
Hedge funds are increasingly outsourcing, and the hedge fund
administration business is flourishing. A major transition
is occurring in the hedge fund administration market. Services
are expanding from fund administration— fund accounting,
NAV calculation, secretarial services, and investor relations,
to name a few—to full business process outsourcing.
Hedge
Fund Study Reveals Increasing Trend Toward Outsourcing
Paladyne Systems, a leading provider of alternative investment
solutions, today released a paper investigating the growing
trend toward outsourcing within the hedge fund industry and
identifies a number of external pressures that have increased
the need for hedge fund management firms to significantly
upgrade their middle- and back-office infrastructure in order
to remain competitive.
Henderson
to Outsource Servicing for $2 Billion of its Hedge Fund Assets
to JPMorgan Hedge Fund Services.
JPMorgan HFS will take over Henderson's hedge fund middle
and back office and its employees which service 14 hedge funds
representing approximately $2 billion of assets. Henderson
has signed a multi-year contract for JPMorgan HFS to provide
daily operational services and fund administration for their
hedge funds.
Merlin
Securities Launches Outsourced Trading Desk
2006--Merlin Securities, a broker dealer
specializing in Prime Brokerage services to hedge funds, is
pleased to announce that Dean Brierley, Christopher "CJ"
Martin and Gordon Lee have joined Merlin to launch Merlin
Prime Trading. Merlin Prime Trading will provide outsourced
trading services to hedge funds and institutions.
Threadneedle
Holding Outsourcing Talks with JP Morgan
Threadneedle Investments has begun outsourcing talks with
US bank, JP Morgan. Threadneedle is one of Britain's largest
asset managers. It intends to outsource its back-office operations
to JP Morgan.
Disclaimer : The contents of this site are for information purposes only
and does not constitute investment advice or counsel or solicitation for investment
in any security. We will not be liable for any direct, indirect, incidental
or consequential loss or damage that may arise out of using the information
in this site or relating to a linked third party website. Investments in hedge
funds involve a high degree of risk and you could lose all your investment.
You should carefully read a fund's offering materials, fund manager's track
record and related information for specific risk and other important information
regarding an investment in that fund before investing. Hedge funds are available
solely to accredited investors and institutional investors and not to general
public. The information in this website is based on data gathered from publicly
available websites and other information mediums therefore do not guarantee
its accuracy, nor completeness. We do not represent any hedge funds or investment/financial
advisors nor give any investment recommendations.