In the 2006 Alpha Awards, hedge funds reveal which service providers soar when it comes to client service, product delivery and return on their investment.
Hedge funds aren't the only ones cashing in on the industry's success. The service providers working behind the scenes to facilitate their growth -- accounting firms, administrators, law firms and prime brokers -- are seeing flashing dollar signs, as well. But with so many firms springing up to meet the industry's demands, how can hedge fund managers keep track of which businesses are providing the best services? To help ensure success in this endeavor, we have created the 2006 Alpha Awards -- our annual rankings of the top service providers, as determined by hedge fund managers themselves.
More than 1,000 hedge fund management firms weighed in on the quality of their service providers for our second-annual Alpha Awards survey. We tabulated their responses to come up with an overall ranking for each industry, as well as rankings for the more specific aspects of service, all of which you have access to at this site. Taken as a whole, the Alpha Awards provide hedge funds with a solid benchmark they can use to determine which service providers will get a slice of their alpha.