FRM seeking to raise managed accounts platform assets
Fri Oct 12, 2012
London-based Financial Risk Management (FRM) will seek out
more managed account arrangements with selected hedge fund
managers under its $19.5 billion portfolio to enhance the
safety of client money and liquidity during turbulent
Eric Burl, the head of managed accounts at FRM, told
AsiaHedge that they are targeting to bring the size of the
group's managed accounts exposure in the next six to 18 months
to around $11-$12 billion from only $8 billion this
ISSN: 2151-1845 / CDC10004H
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