JPMorgan HFS to service FRM

FRM, a London-based global hedge fund manager, will transition its assets to JPMorgan Hedge Fund Services.
SEP 19, 2007
Financial Risk Management has appointed JPMorgan Hedge Fund Services to provide administration and custody services to its funds. FRM, a London-based global hedge fund manager, will transition its assets to London-based JPMorgan HFS this year. When this happens, JPMorgan HFS will service over $10 billion of assets in portfolios managed by FRM, the companies said. JPMorgan HFS will use its products specifically designed to serve hedge funds to provide FRM with fund accounting, financial reporting, transfer agency, partnership allocations and custody services. JPMorgan HFS provides services globally to more than 240 funds representing approximately $75 billion in assets under management, according to the firm.

Latest News

Trump drops $10 billion IRS lawsuit as $1.7B settlement fund takes shape
Trump drops $10 billion IRS lawsuit as $1.7B settlement fund takes shape

A last-minute court filing ends a case against the federal tax-collecting agency that had drawn unprecedented conflict-of-interest questions from Democratic critics.

You Can’t Spell Advisor without AI
You Can’t Spell Advisor without AI

Advisors discuss their use of AI now and how it will change going forward

DOJ's fraud sweep bags over $1B in convictions, guilty pleas and indictments in a single week
DOJ's fraud sweep bags over $1B in convictions, guilty pleas and indictments in a single week

Medicare scam, pandemic benefit theft, offshore tax evasion — federal prosecutors are casting a wide net.

Retirement without guaranteed income streams may mean near-total asset wipeout
Retirement without guaranteed income streams may mean near-total asset wipeout

Report finds that pension income acts as a financial lifeline for retirees facing late-life shocks and raises urgent questions about the DC-only future.

Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney
Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney

Nine-month electronic trading freeze and share lending program at the center of dismissed claim.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline