KPMG has been named the best hedge funds audit services firm by HFMWeek.
HFMWeek’s European Hedge Fund Services Awards recognise companies that have outperformed their peer group over the course of 2010. The awards were judged both quantitatively and qualitatively, producing final shortlists of candidates that have demonstrated financial progress, growth and genuine innovation across a number of different business areas.
Andy Stepaniuk, head of KPMG’s Alternative Investment Practice in the Cayman Islands, acknowledged the achievement: “We are delighted to receive this title and be recognised by our peers in the industry. The recognition clearly reflects KPMG’s continuing efforts to invest extensively in its service capabilities for hedge funds and we are very proud to add the award to our other recent accolades, ‘Best fund audit firm’ by International Fund Investor and ‘Accountancy firm of the year’ by Global Investor Magazine.”