The second in HFMWeek’s quarterly updates of the 20 largest administrators, auditors, custodians and prime brokers ranked by SEC-registered hedge funds--
As anybody who follows the hedge fund industry knows: a lot can happen in three months. Indeed, since the launch of the AlphaPipe-HFMWeek Service Provider Snapshot earlier this year, there have been a number of changes to the rankings. The hedge fund industry has been busy as 207 US hedge funds were launched during the first quarter of 2014, according to data provider Preqin. It has also seen assets grow to record levels during the first three months of the year as inflows continued despite challenging times for hedge fund performance. The growth of industry assets has been represented in the service provider space, with many providers noticing an uptick in total regulatory assets under management (RAuM).
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