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Here Are the Top Finance Stories of the Day for April 5

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Hedge fund assets started the year at an all-time high, thanks in part to low interest rates. Now, desperate institutions are replacing low-yielding bonds with hedge funds in their portfolios. Here's what else you need to know.
R. Seelaus & Co./ Powell Photography/ CastleOak Securities
For the first time ever, Deutsche Bank appointed six firms led by women, people of color, and veterans to lead its $750 million bond. Read more on how appointing minority-led firms promotes equity on Wall Street.
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Goldman Sachs sees the auto industry's tech revolution as a big opportunity to win new business. The bank is now bringing together its industrial and tech teams to focus on auto tech deals. Get the full rundown here.

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