DekaBank, the asset manager of German public savings banks, has now launched a new risk-driven global equity fund.
According to Deka, each stock will be screened individually before being added to the portfolio, the level of exposure will subsequently be determinded depending on volatility levels of the respective stocks, ranging from 20 to 100 %.
Ulrich Neugebauer (pictured), head Quantitative Fundmanagement and ETF’s at Deka comments on the launch: “Due to the low level of interest rates, investors are increasingly looking for alternative investment opportunities. Many are hesitant to invest in equities due to the developments on stock markets over the past few months. The new Deka fund enables investors to tap globally into successful companies whilst maintaining an active risk management.”