Cowen Outsourced Trading Wins 2020 Hedgeweek Annual Global Award
February 28 2020 - 8:45AM
Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today
announced that its global Outsourced Trading group was recognized
as the “Best Outsourced Trading Provider” at the 2020 Hedgeweek
Global Awards event. The criteria for the awards were based on an
online peer review system in which managers, fund administrators,
prime brokers, custodians and advisers were invited to elect “best
in class” in a variety of categories.
Upon winning the award for the second year in a row, Bobby
Croswell, Managing Director, Outsourced Trading, said, “We’re
honored to be recognized yet again by Hedgeweek and our peers in
the industry as ‘Best Outsourced Trading Provider’. This award
validates our continued commitment to providing reliable, secure
and innovative service and solutions to support our clients. We
look forward to continuing to aid our clients with best-in-class
tools and support that will improve the operational and
administrative aspects of their business and allow them to focus on
their core competencies.”
Michael Rosen, Managing Director and Global Co-Head of Prime
Brokerage and Outsourced Trading, added, “Our ability to offer
investment managers a premier, cost efficient solution for their
trading needs remains a tremendous source of pride for us. The full
service, multi-asset class nature of our global offering – and in
particular its differentiation due to its transparency and the
intensive operational support we provide our clients – are key
drivers of the growth of our Outsourced Trading business. We
will continue to invest in personnel and technology, and our team
is now more than 20 traders strong with professionals across the
United States, London, Belfast, and Hong Kong.”
The annual Hedgeweek Global Awards recognize excellence among
hedge fund managers and service providers around the world and
celebrate the achievements of firms that contributed to another
significant year for the sector. Winners were presented with their
awards at a ceremony held in London on Wednesday, February 26,
2020.
About Cowen Outsourced Trading
Cowen Outsourced Trading provides investment managers with a
first-rate, cost efficient solution for their trading needs. Our
offering is full service, multi-asset class, global, and is
differentiated by its transparency and level of operational
support. Cowen Prime Services LLC dba Cowen Outsourced
Trading. The firm is a registered broker dealer and investment
advisor with the SEC, and is a member of FINRA, NFA
and SIPC. Cowen Prime Services’ solutions are offered
internationally through the firm’s UK based
affiliate, Cowen International Limited, which is authorized
and regulated by the Financial Conduct Authority (FCA) in
the UK. and Cowen and Company (Asia) Limited, which is
regulated by Securities and Futures Commission (SFC) of Hong
Kong
For additional information,
visit: www.cowen.com/capabilities/prime-services/
About Cowen Inc.
Cowen Inc. (“Cowen” or the “Company”) is a diversified
financial services firm offering investment banking services,
equity and credit research, sales and trading, prime brokerage,
global clearing, commission management services and actively
managed alternative investment products. Cowen focuses on
delivering value-added capabilities to our clients in order to help
them outperform. Founded in 1918, the Company is headquartered
in New York and has offices worldwide. Learn more at
Cowen.com.
© 2020 Cowen Prime Services LLC Member FINRA/SIPC. All Rights
Reserved.
Media Contacts:
Gagnier Communications Dan Gagnier 646-569-5897
dg@gagnierfc.com
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