Tass Management, the London-based investment research and consulting firm, says managed currency funds have been the most successful sector so far this year in its tracking index of 1,600 funds.

Tass Management's Tass Currency Index has achieved a return of 18.34 per cent for the nine months ended September 30, beating European equity-linked funds and short seller funds, which achieved returns of 18.23 per cent and 15.8 per cent, respectively.

Third quarter performance was much less

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