Komfie Manalo, Opalesque Asia: Institutional investors are beginning to reap the benefits of managed account platforms as hedge fund assets are migrating to lower cost structures, a survey by Gemini Companies, a financial solutions provider and subsidiaries of NorthStar Financial Services Group, LLC, which has over $685bn in assets under management, showed. Edward Lund, Gemini's senior vice president of Business Development for Institutional Sales, commented, "The data shows that the industry is just now starting to reap the full impact of managed account platforms.