Wednesday, 1 October 2014
Last updated 7 min ago
May 19 2011 | 1:26pm ET
Deutsche Bank is moving its European hedge fund administration operation to Dublin, Ireland.
The German bank plans to create a center of excellence for hedge funds, moving between 75 and 100 employees to the Irish capital with significant expansion planned for the next three to five years.
The office will be based in the city’s International Financial Services Center. According to the Irish Independent newspaper, it will bring employment in the funds industry in Ireland to over 12,000.
The Deutsche Centre of Excellence will service both onshore and offshore funds, meaning they will not necessarily be domiciled in Ireland.
Deutsche Bank joins international firms like StateStreet, Citi and Bank of New York Mellon, which each employ about 2,000 people in Ireland.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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