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PrintJun 29, 2009
Leading risk analytics provider Measurisk, LLC, an affiliate of J.P. Morgan Worldwide Securities Services (WSS), today announced that it has crossed an important industry milestone in modeling the full positions of over 1,000 hedge funds – making it the largest position-based hedge fund analytical platform in the industry.
NEW YORK, June 29, 2009 – Leading risk analytics provider Measurisk, LLC, an affiliate of J.P. Morgan Worldwide Securities Services (WSS), today announced that it has crossed an important industry milestone in modeling the full positions of over 1,000 hedge funds – making it the largest position-based hedge fund analytical platform in the industry.
Measurisk acts as an independent intermediary facilitating the flow of risk information between hedge funds and investors. Measurisk receives the full positions from the hedge funds, but only provides summary risk and exposure statistics to investors. In this way, investors receive the risk transparency they need, while hedge fund managers maintain the confidentiality of their individual positions.
Measurisk also announced that the platform now includes managers that collectively make up more than 50% of the total $1.3 trillion* hedge fund industry assets.
“We are excited that the industry has chosen Measurisk as the preferred
outlet to bridge the needs of both the investor and the manager" said Andrew
Lapkin, President of Measurisk. "In today’s markets, transparency
and risk management are paramount. Position-based risk information provides
investors with a higher level of information necessary to make the best investment
decisions - especially when having to navigate these difficult market environments.”
Measurisk's independent, third party risk solutions are designed to address
the needs of pension plans, endowments and foundations, family offices, insurance
companies, hedge funds and funds of hedge funds. Measurisk compliments the full
breadth of J.P. Morgan WSS services including: fund administration; custody;
performance analytics and securities lending. For more information, visit www.measurisk.com.
* Source: Hedge Funds Research Inc.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services
firm with assets of $2.1 trillion and operations in more than 60 countries.
The firm is a leader in investment banking, financial services for consumers,
small business and commercial banking, financial transaction processing, asset
management, and private equity. A component of the Dow Jones Industrial Average,
JPMorgan Chase & Co. serves millions of consumers in the United States and
many of the world’s most prominent corporate, institutional and government
clients under its J.P. Morgan, Chase, and Washington Mutual brands. Information
about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing
provider that helps institutional investors, alternative asset managers, broker
dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue.
A division of JPMorgan Chase Bank, N.A. (NYSE: JPM), WSS leverages the firm’s
unparalleled scale, leading technology and deep industry expertise to service
investments around the world. It has $13.5 trillion in assets under custody
and $3.7 trillion in assets under administration. For more information, go to
www.jpmorgan.com/visit/wss.