Deutsche Bank says the dbARâ Index outperforms other beta replication indexes and other investable fund indexes because it replicates the return of hedge funds before fees.
The index only replicates fund of hedge fund indexes rather than single manager indexes. The dbARâ index can be accessed via a variety of products which include Ucits III funds, certificates, and principal protected notes and leveraged structured notes.
Both Merrill Lynch and Goldman Sachs have launched their own versions
The week on Risk.net, July 7-13, 2018Receive this by email