FRM seeking to raise managed accounts platform assets

Fri Oct 12, 2012

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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 times.

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 year....

ISSN: 2151-1845 / CDC10004H

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