JPM - JPMorgan's Neovest Expands Hedge Fund Horizons: Acquires LayerOne for Enhanced Investment Platform | Benzinga
JPMorgan Chase & Co.’s (NYSE:JPM) wholly-owned subsidiary, Neovest, Inc., disclosed the acquisition of LayerOne Financial to improve its offerings for hedge funds.
LayerOne Financial is an investment management platform and creator of PortfolioOne, a vast, cross-asset platform for operational challenges facing hedge funds of many sizes and styles.
With the buyout, Neovest can offer integrated portfolio, order, and execution management services through a unified ...