Does loyalty lie with the lawyer or the law firm?
Big changes were afoot in the London hedge fund legal scene last week, after New York-based Akim Gump swooped on Simmons & Simmons
05/08/2010
Deutsche Bank adds two new funds to ETF platform
Deutsche Bank’s exchange-traded fund (ETF) platform, db x-trackers, has launched two ETFs linked to the DB Currency Returns Index (DBCR).
Both new funds will be listed on the London Stock Exchange, offering exposure to USD- and GBP-hedged share classes.
Demand for the tradable funds is expected to come from a broad spectrum of investors, from pension funds to retail investors.
Manooj Mistry, head of the UK arm of db x-trackers ETFs, said: “The db x-trackers Currency Returns ETF is ideal for investors who are increasingly recognising the benefits of allocating assets to investment classes that show low or negative performance correlation with equity and bond markets, as well as investors looking for an additional way to achieve alpha in a low growth environment.”
The DBCR Index equally weights three major currency trading strategies – carry, momentum and valuation. Utilising a rules-based process, the strategies take long and short positions in the G10 currencies with regular rebalancing of the components
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Editor's view: 8 February 2012
Speculative moves, a perceived landgrab and a potential bidding war in the hedge fund sector have all opened up in recent weeks
Comment: Julian Korek
"Advisers need to be analysing key considerations and determining where they fall in the spectrum of SEC registration; no easy task given the scope of the legislation"
Investor demand for CTAs is on the rise, says Agecroft Partners
Agecroft Partners is seeing widespread demand from institutional investors for Commodity Trading Advisors (CTAs), which is a dramatic change from the historical reluctance of many institutional investors and their consultants to allocate to this strategy.
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UK: Open Protocol: The Challenge and Opportunities of Standardising Hedge Fund Risk Reporting
Join us and our panel of experts for HFMWeek's Subscribers' Club February's UK breakfast briefing…
29/02/2012
US: Endowments and Foundations in Hedge Funds
The next US HFMWeek Subscribers' Club breakfast, will take place on Wednesday February 29. Join…
02/02/2011
European Hedge Fund Services Awards 2012
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
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