Wed, Apr 16, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

The PrivateBank selects the Guggenheim Alternatives Platform

Thursday, March 07, 2013
Opalesque Industry Update: The PrivateBank today announced that it has selected Guggenheim Investment Advisory’s alternatives platform as its primary hedge fund platform provider. The Guggenheim Alternatives Platform provides The PrivateBank with tools and guidance to skillfully invest in hedge funds on behalf of their clients.

Using the Guggenheim Alternatives Platform, The PrivateBank can efficiently build and implement customized hedge fund portfolios for their private client base. The Guggenheim Alternatives Platform provides access to Guggenheim’s deeply researched menu of hedge fund managers, thematic guidance and support, along with online portfolio construction tools and a streamlined implementation process.

According to William Norris, Chief Investment Officer for The PrivateBank, “We recognized Guggenheim’s distinct legacy and expertise in advising clients on hedge fund investing. Adopting the Guggenheim Alternatives Platform as our primary hedge fund provider strengthens our ability to deliver sophisticated, world-class hedge fund solutions to our clients.”

“We are thrilled to be selected by The PrivateBank and look forward to a long and successful relationship,” said Michael Christ, Head of Guggenheim Investment Advisory. “This partnership reinforces our business model and its value to the wealth management community. We built a platform that goes beyond simply providing advisors with access to hedge funds – our investment team supports advisors with economic and market insights, research, investment strategies and portfolio construction guidance.

Guggenheim’s research team employs a high conviction, research-driven approach to vet the broad universe of more than 10,000 hedge fund managers, then selects what Guggenheim believes to be the best and monitors them on an ongoing basis. The manager selection process is supported by a specialized hedge fund investment team that has a global footprint. The diversity of this team brings cultural knowledge and experience, providing an edge in finding talented managers around the globe.

The PrivateBank

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably