Five reasons why prime brokers say different things about balance sheet scarcity to their hedge fund clients (Premium Content)
We were recently asked why prime brokers are reporting different information to their hedge fund clients on why balance sheets have been tightening. The “balance sheet is scarce” story might make sense if all primes were reporting the same underlying reasons. Instead, five brokers could say five different things. We did some investigating into the cause of this information spread in the financing world.