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Products November 16, 2006
Deutsche Expands Investment Strategy Offering
November 15, 2006 (PLANSPONSOR.com) - The asset
management arm of Deutsche Bank is now offering institutional
investors two long/short strategies in addition to its
traditional long-only offerings.
Reported by Adrien Martin
According to a press release, the new long/short market neutral US equity strategy is designed to maintain approximately equal dollar amounts invested in long and short positions, to eliminate market exposure, and add returns of 8-10% before expenses above the Citigroup three-month US Treasury Bill Index.
The 120/20 long/short US Large-Cap strategies use the Russell 1000 Index investment universe and seek to minimize size, industry and style risk versus the benchmark. The strategies seek to add 4-6% excess return on top of their respective Russell 1000 benchmarks, before expenses.
“These investment strategies allow us to remove the
long-only constraint and take a strong view on stocks we
don’t like,” said Janet Campagna, Global Head of
Deutsche Asset Management’s Quantitative Strategies
Group, in the release. “Loosening the constraints
allows us to take a balanced and more diversified approach
to consistent performance than traditional strategies, with
the potential for greater excess returns with little
incremental risk.”
For more information, go to www.db.com .