ABN Amro Ups Hedge Fund Investments

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.

 


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of