Friday, 19 December 2014
Last updated 36 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.