Independent Currency Managers Turn Tables As Banks Start Farming Out Proprietary Funds

SERVICES

While commercial and investment banks have been drawing on their foreign exchange trading expertise to get into the fund management business, independent currency fund managers, it seems, are beginning to return the favor. In a move to diversify their risk and trading strategies, banks are starting to farm out some of their proprietary funds to independent currency managers.

One well known manager, FX Concepts in New York, currently has some $120 million under management for three clients:

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: