Tuesday, 31 March 2015
Last updated 2 hours ago
Feb 16 2012 | 2:45am ET
There's a new king of hedge fund managed accounts platforms, and it has a German, rather than French, accent.
Deutsche Bank's dbalternatives and dbSelect platforms have more than US$12 billion in assets under management combined. That puts the German bank ahead of Lyxor Asset Management, whose managed account platform has US$11 billion, HFMWeek reports.
While Deutsche Bank is now the undisputed king in terms of assets, Lyxor's platform remains the hedge fund industry's biggest in terms of assets, as Deutsche's assets are split between the two platforms. dbalternatives has US$7 billion in assets, while dbSelect, the bank's specialist platform, has US$5.2 billion.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…