Jupiter adds Deutsche Bank for hedge fund services

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Jupiter adds Deutsche Bank for hedge fund services
26 October 2011 London
Reporter: Anna Reitman

Image: Shutterstock

Jupiter Asset Management has announced the appointment of Deutsche Bank as an additional prime broker and custodian for its Financials Hedge Fund.

Deutsche Bank will provide custody, financing and reporting services regarding the purchase and sale of securities entered into by Jupiter.

Assets will be allocated between Deutsche Bank and Credit Suisse, the current prime broker and custodian, based on the nature and type of transaction.

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