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Hedge Funds Look To Pare Primes

Traders Magazine, September 2011

James Armstrong

Many hedge funds that loaded up on prime brokers as a result of the financial crisis are now looking at consolidating their trading with just one or two primes, according to experts. At the end of 2008 and the beginning of 2009, counterparty risk became a major concern of hedge funds, and many took on additional prime brokers.

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