Prime Brokers Report Released by Denko Group
In a report issued today by the Denko Group, prime brokers are now assessed by hedge fund managers with revised criteria in the post-crisis era.
Singapore, Singapore, April 16, 2010 --(PR.com)-- It is no longer enough for prime brokers to provide the standard custodial, reporting and finance services. Hedge fund managers now expect a broader range of capabilities to track and trade products. Firms that have not upgraded reporting and analysis technology will have trouble attracting new business. The same is true of firms not expanding staffing in the risk management and fund strategy departments.
The report goes on to predict that the major primes will regain lost market share at the expense of mid and mini prime firms. Consolidation can already be seen in the mini prime sector as higher capital requirements stress the smaller firms and new entrants. This is a positive indication that greater responsibility and stewardship is returning to a sector which had no small part in the recent global financial crisis.
The full text of the report is available by request Denko Group’s registered institutional partners.
Denko Group is a private equity firm dedicated to providing superior returns on capital. They seek high net return opportunities in all sectors, from high-growth technology and life science companies to recommending competitors funds, while achieving superior returns for investors. They bring together the financial and intellectual capital necessary to create a sharp edge that is focused solely on investor’s confident assurances of outstanding performance. For more information on the Denko Group please visit their website at denkogroup.com.
You should not do, or refrain from doing, anything based on the information provided in this release without first obtaining professional advice from your financial advisor. Denko Group believes the information in this release is correct, and it has reasonable grounds for any opinion or recommendation found within, as at the date the relevant part of this release was last updated. However, Denko Group and its directors, employees and agents are not liable for any loss or damage incurred by any person as a result of any error in any information, opinion or recommendation in this release. Nothing in this release is, or should be taken as, an offer, invitation or recommendation to buy or sell any investment in or make any deposit with Denko Group or any other person.
###
The report goes on to predict that the major primes will regain lost market share at the expense of mid and mini prime firms. Consolidation can already be seen in the mini prime sector as higher capital requirements stress the smaller firms and new entrants. This is a positive indication that greater responsibility and stewardship is returning to a sector which had no small part in the recent global financial crisis.
The full text of the report is available by request Denko Group’s registered institutional partners.
Denko Group is a private equity firm dedicated to providing superior returns on capital. They seek high net return opportunities in all sectors, from high-growth technology and life science companies to recommending competitors funds, while achieving superior returns for investors. They bring together the financial and intellectual capital necessary to create a sharp edge that is focused solely on investor’s confident assurances of outstanding performance. For more information on the Denko Group please visit their website at denkogroup.com.
You should not do, or refrain from doing, anything based on the information provided in this release without first obtaining professional advice from your financial advisor. Denko Group believes the information in this release is correct, and it has reasonable grounds for any opinion or recommendation found within, as at the date the relevant part of this release was last updated. However, Denko Group and its directors, employees and agents are not liable for any loss or damage incurred by any person as a result of any error in any information, opinion or recommendation in this release. Nothing in this release is, or should be taken as, an offer, invitation or recommendation to buy or sell any investment in or make any deposit with Denko Group or any other person.
###
Contact
Denko Group
Brendon MacDonald
+65 6248 4561
denkogroup.com
Fax: +65 6248 4918
Contact
Brendon MacDonald
+65 6248 4561
denkogroup.com
Fax: +65 6248 4918
Categories