During the global financial crisis, the main concern of many hedge funds was the survival of their service providers, particularly prime brokers. At the height of the crisis, one in every eight funds was signing up new service providers according to Paladyne Systems’ chief executive Sameer Shallaby.
The managers were trying to cut their dependence on any one prime broker, or at least on the wrong ones.
Although these fears have receded, managers are monitoring closely the performance of their thir
The week on Risk.net, December 2–8, 2017Receive this by email