Tacchi to manage DB fund


Deutsche Bank has launched its UCITS compliant DB Platinum TT International fund on Deutsche Bank’s UCITS platform. The fund is managed by Tim Tacchi who founded TT in 1988, making him one of the first hedge fund managers in Europe.

The fund employs a global macro strategy by combining investments in a portfolio of equities, expected to be predominantly European, with a global macro portfolio of fixed income securities and foreign exchange positions. The fund uses fundamental research to generate investment ideas implemented using highly liquid instruments in equities, currencies and interest rates portfolios.

“Tim Tacchi has over 20 years’ experience managing global macro strategies, which is an invaluable addition to our UCITS platform that aims to provide UCITS strategies from the world’s leading hedge fund managers,” said Tarun Nagpal, Deutsche Bank’s European Head of Fund Derivatives. “The product delivers a much sought after investment strategy for clients looking for diversification and opportunities to benefit from the ever changing geo-political environment