Ranking results highlight important role played by service providers in hedge fund industry

Hedge funds, funds of hedge funds and investors into the industry have expressed their preferences for a range of service providers including prime services, administration, legal and many others.

Fund administration

Fund administrator (single managers)
1 Citco Fund Services (25.4%)
2 Apex Fund Services (14.8%)
3 Meridian Fund Services (11.9%)
4 JP Fund Administration (9.6%)
5 SS&C GlobeOp (7.8%)

Fund administrator (FoHFs)
1 Citco Fund Services (28.0%)
2 Apex Fund Services (15.6%)
3 Meridian Fund Services (11.9%)
4 SS&C GlobeOp (11.6%)
5 JP Fund Administration (6.8%)

Legal services

Legal onshore - global votes
1 Seward & Kissel (13.9%)
2 Schulte Roth & Zabel (9.6%)
3 Simmons & Simmons (8.9%)
4 Katten Muchin Rosenman (8.7%)
5 Dechert (5.8%)

Legal onshore - US votes
1 Seward & Kissel (21.2%)
2 Schulte Roth & Zabel (16.7%)
3 Akim Gump (11.0%)
4 Sidley & Austin (9.7%)
5 Allen & Overy (7.5%)

Legal onshore - Europe votes
1 Simmons & Simmons (22.1%)
2 Katten Muchin Rosen (13.7%)
3 Dechert (12.3%)
4 Schulte Roth & Zabel (10.7%)
5 DLA Piper (8.0%)

Legal offshore - global votes
1 Maples & Calder (23.8%)
2 Walkers (18.1%)
3 Ogier (17.9%)
4 Mourant Ozannes (9.7%)
5 Conyers Dill & Pearman (6.9%)

Legal offshore - US votes
1 Ogier (24.9%)
2 Maples & Calder (18.3%)
3 Walkers (16.1%)
4 Mourant Ozannes (11.5%)
5 Conyers, Dill and Pearman (9.0%)

Legal offshore - Europe votes
1 Maples & Calder (27.0%)
2 Walkers (15.8%)
3 Harneys (10.4%)
4 Ogier (9.8%)
5 Conyers Dill & Pearman (8.9%)

Accounting and auditing

Accounting/auditing - global votes
1 Ernst & Young (18.0%)
2 PricewaterhouseCoopers (17.2%)
3 KPMG (15.9%)
4 Rothstein Kass (13.4%)
5 Deloitte (12.9%)

Accounting/auditing - Europe votes
1 KPMG (24.1%)
2 Ernst and Young (20.3%)
3 Deloitte (19.5%)
4 PricewaterhouseCoopers(12.3%)
5 Grant Thornton (10.9%)

Accounting/auditing - US votes
1 Rothstein Kass (25.3%)
2 PricewaterhouseCoopers (18.9%)
3 Ernst and Young (14.6%)
4 KPMG (12.0%)
5 Deloitte (11.1%)

Prime services/broker

Prime services/broker - global votes
1 Goldman Sachs (17.2%)
2 Deutsche Bank (14.5%)
3 JP Morgan (11.1%)
4 UBS (10.8%)
5 Morgan Stanley (10.1%)

Prime services/broker - US votes
1 Goldman Sachs (20.8%)
2 JP Morgan (15.3%)
3 UBS (12.6%)
4 Deutsche (10.5%)
5 Credit Suisse (8.5%)

Prime services/broker - Europe votes
1 Deutsche Bank (17.5%)
2 Goldman Sachs (15.2%)
3 JP Morgan (13.2%)
4 Newedge (11.9%)
5 Credit Suisse (11.0%)

Prime services/broker global votes: finance and engineering
1 Goldman Sachs
2 Deutsche Bank
3 JP Morgan

Prime services/broker global votes: securities lending
1 Deutsche Bank
2 Goldman Sachs
3 Morgan Stanley

Prime services/broker global votes: prime custody
1 Deutsche Bank
2 Morgan Stanley
3 Goldman Sachs

Prime services/broker global votes: technology
1 Goldman Sachs
2 Deutsche Bank
3 JP Morgan

Prime services/broker global votes: capital introduction
1 JP Morgan
2 Goldman Sachs
3 Deutsche Bank

Prime services/broker global votes: trading and execution
1 JP Morgan
2 Goldman Sachs
3 Deutsche Bank

Platforms

Managed account platform from hedge fund/FoHF viewpoint - global votes
1 Deutsche Bank (25.5%)
2 Lyxor Asset Management (14.5%)
3 Goldman Sachs (9.8%)
4 AlphaMetrix (9.5%)
5 Gottex (7.1%)

Managed account platform from investor viewpoint - global votes
1 Deutsche Bank (20.6%)
2 Goldman Sachs (14.1%)
3 Innocap (9.2%)
4 AlphaMetrix (9.0%)
5 Lyxor Asset Management (8.5%)

Ucits from investor viewpoint - global votes
1 Deutsche Bank (24.7%)
2 Bank of America Merrill Lynch (17.7%)
3 Morgan Stanley (12.0%)
4 Lyxor Asset Management (9.6%)
5 Credit Suisse (6.4%)

Ucits platform from hedge fund/FoHF viewpoint - global votes
1 Deutsche Bank (20.9%)
2 Bank of America Merrill Lynch (13.7%)
3 Lyxor Asset Management (10.3%)
4 Morgan Stanley (9.6%)
5 Credit Suisse (7.4%)

Index, data and research

Hedge fund index provider - global votes
1 Hedge Fund Research (23.0%)
2 Eurekahedge (12.5%)
3 BarclayHedge (8.0%)

Market data provider - global votes
1 Bloomberg (36%)
2 FactSet (15%)
3 Thomson Reuters (12.70%)

Overall research provider - global votes
1 FactSet (9.0%)
2 Deutsche Bank (8.60%)
3 Eurekahedge (8.60%)

Equities research provider - global votes
1 Morgan Stanley (8.20%)
2 Société Générale (7.80%)
3 Barclays Capital (7.50%)

Fixed income research provider - global votes
1 JP Morgan (12.90%)
2 Barclays Capital (8.30%)
3 BNP Paribas (7.30%)

Technology

Cloud computing - global votes
1 Eze Castle Integration (17.2
2 Capital Support (12.2
3 Abacus (10.5

Technology provider for risk management- global votes
1 Alternative Soft (14.90%)
2 Misys Sophies (11.50%)
3 Investor Analytics (9.50%)

Technology provider for accounting and reporting - global votes
1 Advent (17.60%)
2 SunGard (14.10%)
3 Tradar (10.60%)

Custody

Custodian - global votes
1 BNY Mellon (14.10%)
2 JP Morgan (11.20%)
3 Goldman Sachs (7.20%)

Third party marketer

Third party marketer - US votes
1 Agecroft Partners (30.60%)
2 Farhills Group (14.90%)
3 Alternative Assets (13.70%)

Third party marketer - Europe votes
1 Alpha Ucits (31.10%)
2 Polaris Investment Advisory (16.40%)
3 Cresta (15.30%)

Domicile

Most favoured domicile - global votes
1 Cayman Islands (46.9%)
2 US (13.8%)
3 Luxembourg (9.7%)

Most favoured domicile - US votes
1 Cayman Islands (35.1%)
2 US (32.4%)
3 Bermuda (10.8%)

Most favoured domicile - Europe votes
1 Luxembourg (30.4%)
2 Ireland (21.0%)
3 Malta (14.5%)