E econometrics Nov 6, 2011 #1 http://www.newedgegroup.com/web/guest/brokerage_services/prime_brokerage/multi_asset_prime_brokerage What does Sole Mandate mean?
http://www.newedgegroup.com/web/guest/brokerage_services/prime_brokerage/multi_asset_prime_brokerage What does Sole Mandate mean?
A ASE1245 Nov 6, 2011 #2 It means a hedge fund has agreed to do all of it's prime brokerage with one firm. Most large hedge funds multi-prime for safety.
It means a hedge fund has agreed to do all of it's prime brokerage with one firm. Most large hedge funds multi-prime for safety.
E econometrics Nov 7, 2011 #3 i assume CLSA and SocGen operate prime brokerage units seperate from newedge?