First Chicago Starts Selling Its Global Currency Fund

BANKS

As expected (FX Week, June 12), First Chicago has joined the fray of banks offering a managed currency fund. The bank, which just started selling its offshore fund October 1, is hoping to attract investors by trumpeting its own performance and its unique mix of fundamental and technical trading styles.

The Cayman Islands-based First Chicago Global Currency Fund is being offered to foreign investors with a minimum of $2 million, says First Chicago senior vice president Britt Swofford. The bank

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