{"id":16680,"date":"2010-07-13T06:51:41","date_gmt":"2010-07-13T10:51:41","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16680"},"modified":"2010-07-13T06:51:41","modified_gmt":"2010-07-13T10:51:41","slug":"prime-custody-one-way-for-hedge-funds-to-protect-against-%e2%80%9cbeing-lehmaned%e2%80%9d","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2010\/prime-custody-one-way-for-hedge-funds-to-protect-against-%e2%80%9cbeing-lehmaned%e2%80%9d.html","title":{"rendered":"Prime Custody: One way for hedge funds to protect against \u201cbeing Lehmaned\u201d"},"content":{"rendered":"<p>All About Alpha &#8211; You\u2019d be excused if you felt confused about recent changes to the prime  brokerage, custody and fund administration business.  Goldman Sachs is  working with BNY Mellon; Deutsche Bank has a new platform; Merrill Lynch  heralds changes to collateral management at industry conferences etc..\u00a0  In the post-Lehman world, has \u201cboring\u201d simply become hip, or is there  really change afoot?\u00a0 To understand these changes, you have to back in  time, way back.<\/p>\n<p>Our story starts with the birth of hedge funds themselves.\u00a0  Alfred W.  Jones had the groundbreaking idea to start a fund that was long and  short securities (and charging a performance fee) such that returns and  risk might be optimized.  However, short-selling was easier said than  done.<\/p>\n<p><a href=\"http:\/\/allaboutalpha.com\/blog\/2010\/07\/12\/prime-custody-one-way-for-hedge-funds-to-protect-against-being-lehmaned\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All About Alpha &#8211; You\u2019d be excused if you felt confused about recent changes to the prime brokerage, custody and fund administration business. Goldman Sachs is working with BNY Mellon; Deutsche Bank has a new platform; Merrill Lynch heralds changes [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16680","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16680"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16680\/revisions"}],"predecessor-version":[{"id":16681,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16680\/revisions\/16681"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}