Scandinavia beckons FX fund managers

Michael Hecht aims to take advantage of those opportunities when he launches a new currency hedge fund at the end of October. Now is the "perfect" time to launch a new fund for institutional investors – especially in continental Europe and Scandinavia, where the market is not as developed, he told FX Week. "There has been a lot of interest out of Scandinavia because institutional investors are investing in bonds and the interest rates are not attractive. They want credible alternative invest