{"id":7507,"date":"2008-04-11T00:00:00","date_gmt":"2008-04-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hsbc-offers-a-home-to-hedge-funds-fleeing-prime-brokers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2008\/hsbc-offers-a-home-to-hedge-funds-fleeing-prime-brokers.html","title":{"rendered":"HSBC Offers A Home To Hedge Funds Fleeing Prime Brokers"},"content":{"rendered":"<p>FINalternatives- HSBC Holdings is luring hedge funds spooked by the credit crisis and its possible impact on prime brokers.<\/p>\n<p>The firm has spoken with hedge funds managing more than $100 million, HSBC global head of securities services Tim Howell says, and is looking to add some services traditionally offered by prime brokers to its existing administration and custodial services.<\/p>\n<p>&ldquo;Over the last three months, funds moving away from prime brokerage have been the most significant source of the pipeline we have,&rdquo; Howell told <em>Bloomberg News<\/em>. &ldquo;In the current economic climate, a lot of funds say they ascribe very high value to the creditworthiness of the person looking after their assets.&rdquo;<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.finalternatives.com\/node\/4060\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINalternatives- HSBC Holdings is luring hedge funds spooked by the credit crisis and its possible impact on prime brokers. The firm has spoken with hedge funds managing more than $100 million, HSBC global head of securities services Tim Howell says, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7507","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7507","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7507"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7507\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}