SEB creates hedge fund team

Seppo Leskinen, currently head of foreign exchange in London, is to head a hedge fund servicing unit that will be responsible for global sales to the unit in August. The team is being set up in response to the growing importance of the asset class, according to Nysten. He said: "It is the fastest growing client segment, with increased interest from investors looking to drive alpha from it as an asset class in itself, and we are strongly placed to take on more business."

He added that the