Bermuda-based fund administrator Prime Management Ltd. has again scored highly in the annual Global Custodian Hedge Fund Administration Survey, achieving "Top Rated" status, and an overall score of 6.29 out of 7.

This is the second consecutive year that Prime has been recognised by the survey for the quality of its client service and the specialised knowledge of its staff.

Joe Kelly, director of Prime, said, "We are pleased with the high overall rankings we received in this year's Global Custodian survey and are particularly gratified by our continued recognition as excelling in the category of client service, a reflection of the commitment of all of our staff to provide the highest possible service to our clients."