State St to launch FX fund in fourth quarter

"We are now creating a currency fund, with fixed income and managed futures funds to follow next year," said Chris Woods, who moved over from his role as UK chief investment officer in June to head SSgA’s hedge fund business.

SSgA has run a currency overlay strategy for several years. It first began using currency as a source of absolute returns for two clients earlier this year, said Woods. The new FX fund will be run using a systematic trading approach, but there will also be some

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: