Thu, May 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Deutsche Bank launches Coeli Macro strategy on dbSelect

Tuesday, December 10, 2013
Opalesque Industry Update, for New Managers - Deutsche Bank announced that Coeli Asset Management and IMQubator have launched the Coeli Macro strategy on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies.

This new Coeli Macro strategy offers investors a rare chance to gain exposure to emerging markets via dbSelect. The manager will aim to produce superior returns by exploiting overall market volatility and direction using foreign exchange and other exchange traded instruments.

Birgitte Jespersen, portfolio manager of the Coeli Macro strategy has more than 30 years´ experience in emerging markets, managing proprietary portfolios and hedge funds within institutions such as HSBC, MAN Investments and Morgan Stanley.

Managed investment platforms allow hedge fund managers to offer multiple customised ways of accessing investment strategies in a transparent and efficient manner, whilst reducing counterparty risk and increasing liquidity for investors.

Amsterdam-based IMQ is an all-round hedge strategy manager, with a chief focus on early-stage and younger manager investment. The former are provided with seed capital, with the latter being deployed acceleration capital. Its core objective is to provide institutional investors with access to nimble strategies which have zero or negative correlation with equity as well as with access to a premium return potential often found with young managers. IMQ offers this in a cost efficient, transparent and controlled risk environment.

Coeli Asset Management offers clients a comprehensive range of differentiated investment solutions including actively managed equities, single strategy hedge funds and Nordic private equity. Investment solutions with unique and actively managed risks for professional clients is at the heart of Coeli Asset Management’s strategy. Hans Jacob Feder, Head of dbSelect at Deutsche Bank, said: “We are pleased to partner with Coeli’s EM Macro strategy, which brings depth and diversification to dbSelect. We are confident in the unique features of the strategy and the benefits for our investors.”

Birgitte Jespersen, EM Macro Portfolio Manager on behalf of Coeli Asset Management said: “We are pleased to be part of Deutsche Bank’s established dbSelect platform. As developed markets stage a modest recovery, it’s time to question traditional assumptions about emerging markets which are now 50% of global GDP. I believe EM equity, debt and FX markets will remain volatile, which is exactly the environment needed for dedicated EM Macro strategies to produce excellent returns and true diversification.”

Rikard Lundgren, CIO of IMQ, comments: "There is a context of large macro imbalances and the end of extreme monetary policies, against a backdrop of shifting economic power between countries and regions. We think this will lead to price dispersion within as well as between asset classes. Such an environment provides rich opportunities for a skill-based and adaptive investment strategy.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  5. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America