Mergers & Acquisitions / Joint Ventures

HedgeMark jumps on managed accounts bandwagon with open, web-based platform

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HedgeMark has launched a web-based, open architecture, managed account platform. It offers clients an integrated set of portfolio construction and risk analytic tools, which are provided in partnership with external service providers, including JPMorgan Hedge Fund Services and JPMorgan Measurisk.

Managed account platforms are currently the flavour of the day, but a platform's attractiveness is directly proportional to the underlying managers that it can attract. All new ventures are competing with the likes of Lyxor Asset Management, which has more than 100 managed accounts, including names such as the recently added Tudor Investment Corporation.

According to its marketing