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JonesTrading
JonesTrading Average Score 2022 Average Score 2021 Average Score last 3 years Global Average Difference with Global Average Capital Introductions 3.50 N / A N / A 5.38 -1.88 Client Services 6.82 N / A N / A 6.14 0.68 Consulting 6.00 N / A N / A 5.91 0.09 Operations 6.55 N / A N / A 6.00 0.55 Technology 6.44 N / A N / A 5.79 0.65 Risk Management 6.57 N / A N / A 5.88 0.69 Asset Safety 6.80 N / A N / A 6.15 0.65 Trading and Execution 6.70 N / A N / A 6.19 0.51 Financing 6.86 N / A N / A 5.81 1.05 Stock Borrowing and Lending 6.50 N / A N / A 5.93 0.57 Foreign Exchange Prime Brokerage N / A N / A N / A 6.04 N / A Fixed Income 7.00 N / A N / A 6.00 1.00 OTC Clearing 7.00 N / A N / A 5.92 1.08 Listed Derivatives 6.80 N / A N / A 6.07 0.73 Average 6.42 N / A N / A 5.94 0.48
The past year has seen a number of changes at
JonesPrime , including the arrival of two new co-heads of Prime Services from the fund admin and PB space . A newcomer to the PB survey , JonesTrading primarily services hedge funds up to $ 5 billion AUM . “ Emerging managers continue to have limited PB choices , despite their demand for institutional quality prime services ,” says the firm . “ With continued market volatility , funds value a relationship more than ever that is based on communication , transparency , technology and operational support . Existing managers have faced disruption with their PB counterparties for a variety of reasons and industry events , causing funds to make changes or re-think their relationships . In addition , with volatility , the quality of trade execution is more important than ever , which is why we work closely with funds to understand execution and we provide them with quarterly scorecards on how our team has done .” The firm has rolled out a proprietary PB client portal which provides clients with a depth of daily reporting and functionality , including the ability to locate shares for borrow and book away trades . In addition to core PB and outsourced trading services , JonesTrading clients are able to leverage the firm in other ways including electronic trading , research , private markets , consulting , cap intro and block trading , which , it says “ has been our focus since Jones was founded in 1975 .”
70 Global Custodian Fund Services Annual 2022