Morgan Stanley Prime Brokerage continued its clean sweep of prime brokerage awards. Adding to winning the global top spot in each of Global Custodian and Institutional Investor's Alpha's prime brokerage awards, Morgan Stanley won AsianInvestor's best prime broker in the Asia-Pacific region for the second year running.

AsianInvestor polled 94 hedge funds that manage more than US$42bn of assets in the region and use local prime brokerage services. The full results of the poll are available in the December issue of AsianInvestor magazine.

"Morgan Stanley swept the boards, voted best prime brokerage for stock borrowing, client servicing, consulting/capital introductions and market access products," the editors noted.

With hedge funds' increasing presence there, HedgeWorld News in November called Asia "The fastest-growing hedge fund market globally in terms of assets under management, number of funds and potential."