Deutsche WM to expand recommended fund list
The wealth manager is likely to add equity products and favours long/short hedge funds. It is also seeking macro managers and eyeing smart beta and risk premia strategies.
Deutsche Bank Wealth Management is set to expand its recommended fund list by adding equity products, in light of its improving outlook on global stock markets.
The firm sees long/short hedge funds as a particularly good bet, but is also eyeing more macro managers and considering smart beta and risk premia strategies, said Joyce Ngan, Asia-Pacific head of fund solutions.
The fund list chiefly comprises fixed income and some multi-asset funds at present, she told AsianInvestor, “…
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