Merrill Lynch has launched its ‘Synthetic Hedge Fund Replication Platform’ in Australia, the latest in an expanding range of funds management products from investment banks which are looking to provide better liquidity and lower costs among alternative strategies.
Series keeps the Asian dream alive
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
