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
By  Bloomberg
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

Spotlighting the Fastest-Growing Fee-Only RIAs in the USA
Spotlighting the Fastest-Growing Fee-Only RIAs in the USA

Discover which fee-only RIAs had standout performances in 2024

Advisor AI startup Zeplyn adds ex-LPL leader Kabir Sethi to board
Advisor AI startup Zeplyn adds ex-LPL leader Kabir Sethi to board

The two-decade veteran, whose career also includes a stint at Merill Lynch, will help shape strategy for the Google engineer-founded fintech.

US wholesale inflation surprises on food, energy prices
US wholesale inflation surprises on food, energy prices

The latest PPI print, clocking in north of 3 percent, adds to concerns that inflation is far from tamed.

Robinhood earnings surge as TradePMR acquisition plan rolls along
Robinhood earnings surge as TradePMR acquisition plan rolls along

The DIY investment giant's positive earnings surprise, surpassing $1 billion in revenue for the first time, puts it on strong footing for future expansion.

Advisors expect revenue boost this year as Secure 2.0 provisions kick in
Advisors expect revenue boost this year as Secure 2.0 provisions kick in

Most retirement plan specialists anticipate gain of up to 10%.

SPONSORED Record growth: Interval funds emerge as key players in alternative investments

Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies

SPONSORED Taylor Matthews on what's behind Farther's rapid growth

From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.