Deutsche Bank has expanded its hedge fund managed account platform with the addition of a multi-manager strategy run by Commonwealth Capital Management (CCM).
CCM’s Commonwealth Liquid Alpha Index multi-manager trading strategy offers investors access to commodity trading advisors and other managers.
Deutsche Bank says it is the largest provider of managed accounts with over $12 billion (€9.6 billion) in assets under management.
The CCM fund is on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies.
The index behind the strategy is based on models developed by CCM’s proprietary artificial intelligence methods.
Commonwealth Capital was founded in 2011 by Dr. Mehraj Mattoo, the former global head of Commerzbank Alternative Investment Strategies.
Deutsche Banks says its dbSelect platform has attracted more than $5 billion in assets under management from pension funds, sovereign wealth funds, fund of funds, private banks and insurance companies.
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