Wednesday, 30 July 2014
Last updated 13 hours ago
Jun 19 2012 | 1:53pm ET
ABN Amro Private Banking is increasing its hedge fund allocations.
The bank’s Geneva-based chief investment officer, Didier Duret, told Bloomberg News that hedge funds are in “a stronger position to extract value and preserve capital than constrained long-only investments in bonds and equities.
“Global-macro hedge funds can better preserve capital and make money when financial markets ignore fundamentals and are more driven by macroeconomic and policy risks.”
The bank, which this week raised its allocation to hedge funds from neutral to overweight, manages $207 billion for its clients.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…