Deutsche Bank Unveils Beta Replication Index

May 24 2007 | 1:53pm ET

Deutsche Bank has launched a new beta replication index that seeks to produce fund-of-hedge-fund-like returns without the high fees.

The db Absolute Return βeta Index uses a proprietary algorithm to invest long and short across a variety of asset classes. According to Deutsche Bank, the product improves on existing investable replication indices by replicating returns before fees.

“It is a natural evolution of a maturing hedge fund industry that beta products will be introduced to complement active alpha managers,” global head of fund derivatives Stephane Farouze said. “I believe that the db Absolute Return βeta Index is superior to the other hedge fund replication products due to its unique construction methodology in adding back to the hedge fund fee structure, and as a result its superior performance.”

Deutsche Bank said dbARβ can be accessed via UCITS III Funds, certificates and notes in a number of different formats.


In Depth

Virtu Celebrates Another Year Without a Single Day of Losses

Feb 26 2015 | 9:05am ET

High-frequency trading firm Virtu Financial Inc. reported another year without a...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk: How To Get In Front Of The Problem

Feb 26 2015 | 9:53am ET

In considering the topic of risk in the hedge fund world, specifically, the oversight...

 

Editor's Note