JP Morgan Fund Administration Services
Our team has come up with an article on the fund administration services provided by JP Morgan.It provides a wide range of services for fund administration such as fund accounting, financial reporting, transfer agency, patnership allocations and custody services to over $10bn of assets in portfolio managed by financial risk management.
JPMorgan Hedge Fund Services will provide fund accounting, financial reporting, transfer agency, partnership allocations and custody services to over $10bn of assets in portfolios managed by FRM.
Part of JPMorgan Hedge Fund Services’ growth strategy is to build on its success providing custody and related services to hedge funds and traditional asset management firms by increasing its focus on serving the funds of hedge funds industry. As part of this commitment, JPMorgan has developed compatible and highly automated administrative and custodial products specifically to serve funds of hedge funds, which are being used by FRM, a leading global player in the market.
Robert Caporale, global head of JPMorgan Hedge Fund Services, said: “FRM’s history of leadership, investment performance and innovation in the fund of hedge funds market makes them an ideal partner for us. We are delighted that JPMorgan has been chosen to provide this service.”
JPMorgan Hedge Fund Services (HFS) offers hedge funds and funds of hedge funds independent fund administration, custody and middle- and back-office services, as well as full outsourcing for day-to-day fund administration. JPMorgan HFS provides services globally to more than 240 funds representing approximately $75 billion in assets under management. Services are provided globally via a network of specialized offices in Bermuda, Boston, Dublin, Greenwich, Hong Kong, London and Luxembourg.
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