A number of Deutsche Bank’s clients are considering a move into UCITS wrapper, according to Manfred Schraepler.
Schraepler, head of db funds, says it has existing relationships with a range of alternative managers through its prime brokerage or managed account businesses.
Manfred Schraepler: head of db funds at Deutsche Bank
He adds: “A good proportion of them are considering moving into the UCITS wrapper. But the process is long, complicated and very involved, as it should be, to ensure that the relevant strategy complies with the UCITS framework, our operational and risk management systems and constraints.
“We will not compromise our platform and we discuss every initiative with different specialists, whether regulatory, legal,