DB Absolute Return Strategies (DB ARS), the global hedge fund management business of Deutsche Bank, has signed an agreement with Raymond James Financial Services and Raymond James & Associates to distribute DB Hedge Strategies Fund. (Buyside on the buy side: who's moved on and who's moved up).(Brief Article)

Buyside, May, 2003

DB Absolute Return Strategies (DB ARS), the global hedge fund management business of Deutsche Bank, has signed an agreement with Raymond James Financial Services and Raymond James & Associates to distribute DB Hedge Strategies Fund. A closed-end, non-diversified management investment company that invests in hedge funds, DB Hedge Strategies Fund is registered under the Investment Company Act of 1940 and the Securities Act of 1933.

Under the agreement, Scudder Distributors will distribute the fund through Raymond James' network of more than 5,200 registered representatives. Scudder's wholesaling force of 100 external and internal wholesalers will support more than 2,200 Raymond James offices throughout the country.