Fund launch from Russell

NEWS

The Dublin domiciled Active Currency Fund will be open to investors in US dollar, euro, yen and sterling. It will provide returns through actively managed currency positions primarily through the use of currency forwards.

The fund makes use of three managers with different but complementary styles, said Russell. The fund will be split equally between underlying portfolios from Barclays Global Investors (BGI), FX Concepts and Pareto Partners.

BGI will manage its element of the fund using a range

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