BusinessCompany NewsE&Y voted top firm by hedge fund industry

E&Y voted top firm by hedge fund industry

Big Four accountant scoops prestigious gong at influential hedge fund awards

Ernst
& Young
has been named Best Accounting Firm by an influential hedge fund
publication. The Big Four firm won the accolade from the
Hedge Fund
Journal
at the publication’s inaugural awards this week. The team beat stiff
competition from other accountancy firms and boutique consultancies to take the
prestigious title.

E&Y’s award comes after it settled a civil dispute with hedge fund Ferox
Capital Management following the private company’s claims that it filed its
accounts too early.

The judging panel commented that E&Y was ‘head and shoulders above the
competition’.

It also recognised the firm’s dominance of the market and its unparalleled
breadth of services to the industry, according to an E&Y statement. 

Julian Young, a partner in the E&Y’s hedge fund practice, said: ‘This
award recognises the dedication, hard work, market-leading knowledge and insight
of the Ernst & Young team. It’s a great achievement for the team and for
Ernst & Young. The hedge fund industry is exciting to work with and this
award recognises our enthusiasm for working with the sector.’

Further reading:

E&Y outdoes Big Four rivals on brand
strength
 

E&Y scoops fourth place in Best UK
Employer poll

E&Y settles Ferox dispute out of
court

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