Morgan Stanley multi-manager platform goes head-to-head with Deutsche and Citi
Morgan Stanley's new multi-manager foreign exchange platform, which the bank launched on October 3, will compete directly with similar platforms at Deutsche Bank and Citi, and is testament to growing demand from investors to diversify their portfolios into FX, according to the platform's architects.
The new offering, dubbed FX Gateway, will offer institutional investors direct access to up to 20 currency managers through the bank's Matrix portal. At launch, FX Gateway is already connected to two
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