US - J.P. Morgan Investor Services has announced risk analytics firm Measurisk has become part of its alternative investment services.
Robert Caporale, managing director, J.P. Morgan Alternative Investment Services, said: "For investors to be successful in today's marketplace they must have a comprehensive understanding of their risks. The addition of Measurisk demonstrates J.P. Morgan's commitment to providing our clients with world class products and services."
The firm collates data from over 1,000 hedge funds every month, representing over US$650bn of assets.
Andrew Lapkin, president, Measurisk, added: " J.P. Morgan is a leading, global provider of alternative investment, operation and fund administration solutions and thus represents a perfect home for Measurisk. We look forward to incorporating our risk solutions into J.P. Morgan's broad array of client solutions."
The firm will be an affiliate of JP Morgan and will continue to maintain its independence and client confidentiality.
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