UBP revamps funds of funds business to accommodate new liquidity requirements
Thu May 7, 2009
Bancaire Privée has initiated a number of measures to
restructure and rebuild its funds of funds business in the wake
of the Madoff affair. A spokesman for the Swiss private bank
confirmed that the bank is restructuring and transforming its
fund of hedge fund products by closing some of them and by
restructuring the others, or in some cases creating new
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active InvestHedge subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to InvestHedge.
Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.