Assertion: prime brokerage | /r/HasProperty | generic name
Facets:
value: for a bundled package of services
type: PURPOSE
Source sentences:
text: Prime brokerage is the generic name for a bundled package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.