The offer period for Deutsche Bank's Isable fund of hedge funds is to run from 9 February to 22 Marc...
The offer period for Deutsche Bank's Isable fund of hedge funds is to run from 9 February to 22 March. The group says the XAVEX Hedge First fund, which is being marketed to UK IFAs, aims to achieve 12% to 15% annual returns which are not correlated to stock markets. The portfolio contains a risk profile similar to a bond portfolio. The fund, subject to authorisation from regulators, will be a Guernsey-registered, London listed investment company, with a minimum investment of £7,000 making it Isable and available to the broad UK retail market. Trading will begin from 2 April and the produc...
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