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Investment banks eager to hitch a ride on the prime brokerage bandwagon

Hedge funds and their investors should pay close attention to the value added by prime brokers

It is easy to understand why investment banks are boosting their prime brokerage capabilities on the back of the hedge fund boom.

Prime brokerage is already a significant revenue contributor to some investment banking divisions. They are getting ever closer to the alternative industry because they want a share of the lucrative trading commissions on offer.

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