FX Week

Sakura Dellsher Plans To Launch First Fund For Sakura Bank Parent

FUNDS

Sakura Bank of Japan is launching a fund aimed at the managed futures industry. The bank's Chicago-based affiliate, Sakura Dellsher Inc., will act as manager and consultant for the fund, which is expected to begin trading by the second quarter. The Sakura Fund will use a number of advisors to invest in a mix of financial futures instruments, including foreign exchange and derivative products.

"The whole area of managed funds is the area I believe will be the best avenue for business in future