Hedge fund chooses Northern Trust for fund admin 13 February 2017Hong Kong Reporter: Stephanie Palmer
Image: Shutterstock
Northern Trust has been appointed by the Alpine Global Master Fund, a long/short market-neutral hedge fund, to provide fund administration and middle-office outsourcing services.
The fund is managed by Bocom International Asset Management, and has a fundamental-based qualitative investment methodology.
According to Liang Shi, managing director of the fund, Northern Trust was selected partly on the strength of its technology and experience is servicing complex offshore fund structures.
Shi said: “Northern Trust provides the fund with a unique solution that suits its needs, enabling the fund manager and advisor to concentrate their efforts on generating returns for investors.”
Ali Sheikh, head of hedge fund services for the Asia Pacific region at Northern Trust, said: “Across the region, we see evolving demands from hedge funds and are well placed to cater to industry movements through our knowledge and expertise. Our client-driven solutions are designed to meet the complex needs of hedge fund clients and enable them to focus on their core business.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times