Basel III spells opportunity for buy-side

Constraints on financial industry “smart money” under Basel III will create opportunities in illiquid assets for buy-side investors, says Anurag Mahesh of Deutsche Bank Private Wealth Management. The firm’s Asia-Pacific head of global investment solutions notes that new regulations restricting the ability of banks and hedge funds to take advantage of market inefficiencies will create gaps for the likes of pension funds and private banks to fill. Just last month, the Basel Commit…