Thinking about adding a prime broker?

BNY Mellon's Pershing

01/18/2018

Thinking about adding a prime broker

Multiple prime brokers, multiple advantages for hedge funds.

You’ve built a strong relationship with your current prime broker – but did you know that having two or more prime brokers in your mix can help reduce your exposure to risk, among other benefits?

Hedge funds with multiple prime brokers often gain:

  • Advantages from greater competition for their prime broker wallet
  • Diversification in their prime broker line-up
  • Reduced and mitigated counterparty exposure
  • Reduced operational risk

Pershing’s Prime Services and Geffen Advisors explain the Why and When of adding prime brokers in the below infographic.

Additional Media

BNY Mellon's Pershing

BNY Mellon's Pershing

BNY Mellon’s Pershing and its affiliates provide a comprehensive network of global financial business solutions to advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody; investment, wealth and retirement solutions; technology and enterprise data management; trading services; prime brokerage and business consulting.

Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of 23 offices worldwide, Pershing provides business-to-business solutions to clients representing approximately 7 million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. 

.