Wednesday, January 9, 2008

Collaboration between Money Manager and Investment Bank

Publication: Pensions & Investments
Publication Date: 27-NOV-06


Article Excerpt


A new fund changes how money management firms create new strategies.

The new fund, AlphaPure, is a collaboration between INVESCO, Louisville, Ky.; investment bank Dresdner Kleinwort Wasserstein, New York; and a host of other financial services institutions.

While money management firms have been coming out with new types of portfolio strategies such as 130/30 and portable alpha, few have done so by partnering with investment banks.

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