1. A method for reducing network latencies, comprising: detecting a metadata access call for filesystem metadata contained in a filesystem node of remotely located filesystem; fetching the metadata corresponding to the metadata access call when the metadata corresponding to the metadata access call is not contained in a local filesystem cache, the local filesystem cache comprising a hierarchical structure corresponding to a hierarchical structure of the remotely located filesystem; and prefetching metadata related to the metadata corresponding to the metadata access call from the remotely located filesystem when the related metadata is not contained in the local filesystem cache.