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E-mail: Palmer Square Capital Management Selects J.P. Morgan to Provide Prime Custody Solutions for its First Mutual Fund – Palmer Square Absolute Return Fund (PSQAX and PSQIX)

J.P. Morgan announced today that it has been selected by investment management firm Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customized alternative investments, to provide Prime Custody Solutions for their recently launched Absolute Return Fund. This fund is Palmer Square’s first open-ended mutual fund, a fund that, according to Palmer Square, seeks capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broader equity and bond markets.

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