Having won the award for ‘Best Administrator – overall’ at the HFM Global European Services Awards 2020, Jay Peller (Head of Fund Services, Citco Fund Services (USA) Inc.) discusses alpha generation and the effect technology and the current pandemic is having on the broader hedge fund industry.

The current market downturn further strengthens the need for managers to focus on their core investment business and reduce operational risk by outsourcing non-core functions to trusted service providers. 

In the current environment, rife with economic uncertainty and unprecedented market volatility, it has never been more important for a manager to have a reliable and efficient middle office.

In the current environment, alternative managers holding illiquid assets – private equity, real estate, infrastructure, and credit – are understandably under considerable stress.