Morgan Stanley top prime broker for new hedge fund launches
February 07, 2013
Inaugural Absolute Return ranking tracks lucrative hunt for startups.
As part of the bi-annual new hedge fund research piece, Absolute Return for the first time ranked the major Wall Street prime brokerages with the biggest share of business from new launches.
Morgan Stanley came out on top, muscling ahead of its competitors thanks to relationships with the top three launches of the year, and five of the top six. In all, the firm signed $5.81 billion of new launches on the list, more than...
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