Fund launches & closures Mergers & Acquisitions / Joint Ventures

Deutsche and Traxis team up for equity macro UCITS launch

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Deutsche Bank and Traxis Partners – the global hedge fund group led by former Morgan Stanley CIO Barton Biggs – have joined forces to launch a UCITS compliant version of the Traxis Global Equity Macro fund.

The UCITS fund, called DB Platinum Traxis Global Equity Macro, was launched on Deutsche Bank’s DB Platinum platform at the start of February and follows a discretionary approach that aims to leverage the global insight and experience that Biggs has developed over 40 years of investment management.

Traxis, which was formed in June 2003 by Biggs and co-founders Madhav Dhar and Cyril