Incisive Views from Professionals
By Hedge Fund Insight staff The trend for increasing concentration in the administration of funds has been going on nearly as long as the trend for concentration in the management of hedge fund assets. The latest example is given in this press release: UBS Group AG and Northern Trust Corporation announce that UBS […] Read more »
By Hedge Fund Insight staff With the release of the the fourth quarter results for Citigroup yesterday came an announcement that Citi will quit the hedge fund administration business: “Citi announced it also has plans to exit some non-core securities services and transaction businesses in the Institutional Clients Group (ICG), including from hedge […] Read more »