Tag Archives: multiple prime brokers

Operational Risk #8: Reconciliation Gaps—A False Sense of Security

We’re sorry—the article you are looking for is no longer available on our website.  However, it is included in our book, The Top Ten Operational Risks: A Survival Guide for Investment Management Firms and Hedge Funds.  Purchase your paperback copy or Kindle version!

Operational Risk #2: The Blind Leading the Blind—Overextended and Underqualified Managers

We’re sorry—the article you are looking for is no longer available on our website.  However, it is included in our book, The Top Ten Operational Risks: A Survival Guide for Investment Management Firms and Hedge Funds.  Purchase your paperback copy or Kindle version!

Migrating Toward Multi-Prime: Did Your Manager Decrease or Increase Operational Risk?

In the wake of the Bear Stearns and Lehman difficulties, many hedge fund managers have migrated toward a ‘multi-prime’ environment, in which more than one prime broker is utilized by the fund. On closer examination, a number of hedge funds have not only failed in their dual objectives of setting up a true multi-prime relationshipContinue reading “Migrating Toward Multi-Prime: Did Your Manager Decrease or Increase Operational Risk?”