Deutsche Bank adds multi-manager strategy to dbSelect platform

Deutsche Bank today announced that alternative asset manager Commonwealth Capital Management has launched its systematic Commonwealth Liquid Alpha Index multi-manager trading strategy on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies.  

The addition of Commonwealth Liquid Alpha Index to dbSelect allows investors to gain exposure to a dynamically managed portfolio of Commodity Trading Advisors (CTAs) and other managers in a transparent and efficient manner. The index is based on models developed by proprietary artificial intelligence methods. Managed investment platforms allow hedge fund managers to offer multiple ways of accessing investment strategies, whilst reducing counterparty risk and increasing liquidity for investors.

Deutsche Bank named "Best Risk Management House in the Middle East" and "Best Investment Bank in Saudi Arabia" by Euromoney

Deutsche Bank has been awarded “Best Risk Management House in the Middle East" and "Best Investment Bank in Saudi Arabia" in Euromoney's Awards for Excellence 2012.

Ashok Aram, CEO Deutsche Bank, MENA said: "We are very pleased winning these two awards, which recognize not only our commitment to the MENA region, but also the significant investment Deutsche Bank has consistently made in the region even through the crisis period. Effective risk management has been a vital component of our bank’s overall strategy in the region and this has allowed us to both maintain consistency in our strategy and support sustainable growth. We have shared our expertise in this regard with our clients in the region and it is good to see it being recognized. Strengthening and deepening our commitment to Saudi Arabia has been a strategic priority for Deutsche Bank and we very much appreciate Euromoney's acknowledgement."