Chemical Bank Relaunches Helix Former MHT Offshore Currency Fund

FUNDS

Chemical Bank recently relaunched the Chemical Helix Fund Ltd., an offshore currency fund first started by Manufacturers Hanover--within days of the two banks' merger announcement last year. The fund took a back seat to the merger, and so was not heavily marketed during that time. Taking advantage of the lag, Chemical improved upon the initial fund, and has relaunched it with additional features, including its own traders and pricing incentives.

The multi-adviser fund is run by Chemical and three

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