Thursday, 26 November 2015
Last updated 18 hours ago
Sep 14 2006 | 12:00am ET
Deutsche Asset Management is rolling out a pair of absolute return global macro strategies which aim to provide investors with up to 20% alpha.
The two strategies, in U.S. and offshore versions, are based on DeAM’s 6-year-old integrated global alpha platform.
“The new iGAP strategies offer our institutional clients capital-efficient access to high levels of potential alpha from multiple sources through a single strategy with a high level of liquidity and transparency,” explains Janet Campagna, who heads DeAM’s global strategy group. According to the firm, the iGAP strategy has generated excess return in each of the last six years.
DeAM says that the new funds—the U.S. strategy seeks to add 20% alpha, the offshore 15%—have already attracted $130 million from a major corporate pension plan
(to the U.S. strategy) and $50 million from a non-U.S. public pension (to the offshore strategy).
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…