Business-times—Malaysia – New York, Fri: Morgan Stanley and Credit Suisse First Boston (CSFB) were ranked No 1 and No 2, respectively, in providing quality prime brokerage services to hedge funds, a survey showed.
The survey, conducted by Alpha magazine, a hedge fund industry publication, polled more than 600 US and international hedge fund and fund-of-hedge-fund managers in 2005 on their views about service providers, including prime brokers, law firms, accounting firms and hedge fund administrators.
The firms collectively manage an estimated US$675 billion (US$1 = RM3.77) of the hedge fund industry’s US$1 trillion-plus in assets, according to Alpha in its first such survey.
