Every global custodian is eyeing the opportunity created by investor anxiety about the creditworthiness of prime brokers. But the question is, are they credible, let alone brave enough, to seize it?

Goldman Sachs is a prime broker. Through its global securities service division, it provides hedge funds with execution, clearing, financing, custody, securities lending, collateral management, fund administration and reporting services. The Bank of New York Mellon is also a global custodian and can provide hedge funds with the same services.