Hedge Funds

Deutsche adds higher vol macro strategy


Deutsche Asset Management's quantitative strategies group has recently launched a new global macro strategy that targets higher volatility and potentially higher returns than its current global macro portfolio.

The strategy, which offers both onshore and offshore funds, was launched with $210 million in seed capital from a U.S. corporate pension plan and a non-U.S. public pension plan. The new strategy was borne out of client demand. Deutsche's quantitative strategies group currently manages a lower volatility global macro strategy and was approached by investors who wanted exposure to the same strategy with a bit higher risk and potentially higher