First Quarter 2016 AlphaPipe and HFMWeek Service Provider Snapshot.
Large moves in prime brokerage and custody services see provider tables changing in the first quarter while recent studies have shown little movement in most of the categories, 2016’s first quarter installment of the HFMWeek/AlphaPipe Service Provider Snapshot has shown a relatively large amount of change. The three-month period was a tough one for hedge funds as the HFRX Global Hedge Fund Index fell -1.9%, marking its worst start to a year since the beginning of 2008.