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DB helps more Global Masters team to spin out

July 01, 2004  



Up to three of the managers of the $1.6 billion DB Global Master multi-strategy fund could spin out as a result of a far-reaching move by DB Advisors, the proprietary trading arm of Deutsche Bank, to stop managing prop capital alongside client money.

All managers of the fund are being given a straight choice: start your own business with Deutsche Bank help or return to the job of running proprietary money only.

Two or three...

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