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PrintJul 30, 2009
J.P. Morgan's Prime Brokerage business ranked high in this year's survey of hedge funds and other asset managers conducted by Global Custodian magazine, with the firm showing particular strength in Securities Lending and Margin Financing.
In responding to the survey, hedge funds and other asset managers rated their prime brokers across a range of services, including client service, operations, financing, technology and securities lending, among other categories, making the annual survey one of the few visible market evaluations of prime brokers.
J.P. Morgan received 75 "Best in Class" awards and earned "Top Rankings" in the following nine service categories:
- Global funds*
- <$100 million funds
- $100 million-$1 billion funds
- $5-10 billion funds (J.P. Morgan ranked #1 in this market segment)
- Single-Strategy funds
- Multi-Strategy funds
- North American funds
- Single-Prime Broker funds
- Multi-Prime Broker funds
*To be eligible for a Global Top Rating, prime brokers have to be rated in some combination of at least two regions or countries. To qualify for a rating in a region, prime brokers had to secure at least 10 responses in each of Japan and South Africa, 15 in Asia-Pacific, 20 in both Europe and North America, and 5 in each of Australia, Canada and South Africa.