Steady flows for currency funds
LONDON & CONNECTICUT - Currency products are gaining traction, with more flows entering recent fund launches, to take advantage of consistently attractive returns.
SEB's multi-manager currency fund has raised $92 million from institutional investor and pension funds since inception, according to a bank official.
The actively managed fund, launched on August 20 last year, tracks a proprietary diversified multi-manager strategy, using a pool of more than 200 managers and over 190 strategies based
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