Goldman Sachs and Morgan Stanley still lead the pack, but others edge up as competition intensifies in the wake of the financial crisis
Goldman Sachs still has the highest market share among prime brokers in the Asia-Pacific hedge fund business, narrowly ahead of Morgan Stanley, according to our latest annual survey conducted by the AsiaHedge data and research team. But other players – led by Deutsche Bank and Credit Suisse – are continuing to grow their market share. Alongside UBS, these firms form a new top five that is now more evenly matched than at any time since we started conducting this survey several years ago.
Other players, led by Citi and Bank of America Merrill Lynch, also