There is a new king of the hedge fund managed account platform (MAP) business.
InfraHedge, a subsidiary of State Street Corporation, ranks as the largest MAP operator in Hedge Funds Review’s annual survey of the industry. With total assets of $11.5 billion, it just edges Lyxor Asset Management’s $11.3 billion platform into second place.
InfraHedge shot to the top of the rankings after assets on the platform grew nearly $4 billion from $7.6 billion in 2012 – a 53% rise. This is particularly impres
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