The winner’s circle


Launched three years ago, Commerzbank Securities’ alternative investment strategies division has grown to more than $500m investedin multi-
manager hedge funds.

The two main products in the company’s arsenal are the Comas Strategy Fundand Cedar Fund. Certificates linked to the performance of the Comas StrategyFund were the best performing hedge fund certificates in Germany last year, andsince inception. According to the company, over the past 12 months, Cedar Fundwas one of the top 10 performing f