RBC seeks out hedge fund talent

RBC Capital Markets has launched a platform investing in early-stage hedge fund managers running up ...

RBC Capital Markets has launched a platform investing in early-stage hedge fund managers running up to $200m. The Emerging Manager Allocator platform is invested across a range of such vehicles, which reports suggest outperform their more seasoned hedge fund peers. Jeremy Frommer, head of global prime services for RBC Capital Markets, said: "These managers have abundant talent and a desire to succeed and grow, but they face an enormous challenge - balancing running a business while focusing on fund performance. "By investing in funds at an early stage and providing access to RBC's ful...