Hedge funds accede to demand for segregated accounts

Hedge fund managed accounts are growing in popularity as investors demand more transparency and increased automation has brought down the cost of administering them, according to JP Morgan. Within the private equity and hedge fund sectors in Asia “we’re seeing a lot of growth in separately managed accounts [and] single-investor type funds”, says Adam Wallace, head of hedge fund services, Asia-Pacific, for JP Morgan Worldwide Securities Services. “There’s a huge amount of growth in…