SEB signs on four account managers

LONDON – SEB is due to go live with four active currency managers offering managed accounts by year-end, indicating a continuing desire by investors to hold assets in separate accounts.

“We are seeing significant levels of enquiry from active currency managers looking to add institutional allocations via managed account structures,” said Mark McDonnell, SEB’s London-based head of FX prime brokerage.

“Many of these investors are looking to allocate to currency for the first time and historically

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