Bank Julius Baer Set To Offer Currency Fund Submanaged By 6 Commodity Trading Advisors
BANKS
Bank Julius Baer (BJB) in New York has put a new spin on the increasingly popular currency fund. The Swiss-based bank has announced plans to launch a fund that will be submanaged by six different commodity trading advisors. The fund, known as the MultiAdvisor Forex Fund is set for an August 1 launch date, according to Bernard Spilko, senior vice president at BJB in New York.
Although marketing efforts have been aimed at institutional players overseas, Bank Julius Baer is expecting regulatory
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