Deutsche Bank’s Global Investment Solutions (GIS) group has teamed up with Man Group’s quant arm to launch a new Alternative Ucits strategy.
The DB Platinum IV Man AHL Equity Alpha fund will employ Man AHL’s quantitative equity trading strategy, AHL Equity Alpha.
The AHL Equity Alpha Strategy is a quantitative equity market neutral strategy that combines single stock market neutral factors with sector and factor timing techniques.
This is in order to identify trading opportunities across 3,000 stocks in the US, Europe and Asia including Japan.
Commenting on the launch, Deutsche Bank’s head of GIS, Tarun Nagpal said: 'Demand for Alternative Ucits products continues to grow and has fast become the vehicle of choice across Europe for investors wishing to gain exposure to liquid alternatives.
'Deutsche Bank’s Alternative Ucits platform offers investors access to world-class alternative asset managers and we are pleased to be adding Man AHL Equity Alpha to the platform, delivering Man AHL’s long-standing expertise in the quant and systematic space.'
The DB GIS platform is a fully integrated, multi-asset solutions business with around €50 billion of value in investment products.
The fund is currently registered for sale in, Spain, France, the UK, Sweden, Germany, Denmark and Italy, with more countries being added to the distribution list this week.