Deutsche Bank To Service Singapore Hedge Fund Business

Sep 20 2007 | 6:17am ET

Hedge fund assets in Singapore are soaring, and investment banks are rushing to offer their services to them in the city-state. The latest to set up shop there is Deutsche Bank, opening a pair of desks to serve Singapore’s now US$26 billion hedge fund industry.

The bank debuted global prime finance and hedge fund capital introduction desks, which will compete with the likes of Citigroup, Morgan Stanley and Merrill Lynch, who are already in place in Singapore.

“The increasingly diverse and complex needs of our growing Singapore client base demand the services of a local, specialist client services team,” Denis MacCarthy, co-head of Asian equity sales, said.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note