SEB's multi-manager fund thrives

"In the most turbulent month we have had, the fund has been steady and it has not lost any money," said Seppo Leskinen, SEB's London-based head of the multi-manager currency fund. "We investigate the managers in great detail and review how their individual strategies have performed in testing times, and therefore know where they overlap and can complement each other."

The actively managed fund was launched on August 20 and tracks a diversified multi-manager strategy the bank set up on a

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