When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry (Bloomberg)

Aikman, J. S.

ISBN 10: 1576603555 / ISBN 13: 9781576603550

Published by Bloomberg Press (edition 1), 2010

About this Item

With dust jacket. It's a well-cared-for item that has seen limited use. The item may show minor signs of wear. All the text is legible, with all pages included. It may have slight markings and/or highlighting.

Seller Inventory # 1576603555-11-1-29

Bibliographic Details

• Title: When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry (Bloomberg)
• Publisher: Bloomberg Press (edition 1)
• Publication Date: 2010
• Language: English
• ISBN 10: 1576603555
• ISBN 13: 9781576603550
• Binding: Hardcover
• Edition: 1.
• Condition: Very Good
• Dust Jacket Condition: Dust Jacket Included

About this title

Synopsis

An informative primer on the new landscape of leading prime brokers

Before the recent financial crisis, both regulators and market participants disregarded the complex and dangerous nature of the relationship between prime brokers (the banks) and their clients (the funds). In When Prime Brokers Fail, J. S. Aikman examines the convoluted structure of this relationship, the main participants, and the impact of the near collapse of prime brokerages on the financial world.

Filled with in-depth insights and expert advice, When Prime Brokers Fail takes a close look at the unheeded risks of prime finance and lays out the steps required for managers to protect their funds and bankers to protect their brokerages.

• Examines the challenges, trends, and risks within the prime brokerage space
• Discusses the structural adjustments firms will need to make to avoid similar disasters
• Analyzes the complex relationship between hedge funds and their brokerages and the risks that multiply in extraordinary markets
• Covers new ways to manage an inherently risky business and the regulations that may soon be introduced into this arena

Engaging and informative, this timely book details the intricacies and interdependencies of prime brokerages and the role that these operations play in our increasingly dynamic financial system.

About the Author

J. S. Aikman is a consultant and lawyer advising managers and financial institutions. He also lectures on finance, including hedge funds and investment banking at the University of Toronto. Previously VP and Counsel for a bulge-bracket investment bank in London, U.K., Aikman has broad international experience in alternative investments. Aikman completed his MBA at Oxford University.

He may be reached at ja@jsaikman.com.