New fund from ABN Amro
TECHNOLOGY NEWS
The fund is targeting a return of 10-15% annually, with a sharpe ratio of 1–1.5. It is being sold to investors through an ABN Amro medium-term note, with the option of a principle guarantee on initial capital invested.
"The aim is to have a balance of managers," said James Binny, director, FX analytics and risk advisory at the bank in London. "When you think of the bad press over the last year or so about how poorly currency funds have been doing, a lot of it has been focusing on one particular
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