Amundi signs MIM for currency account


Macquarie Investment Management (MIM) has won a mandate from Paris-based Amundi Alternative Investments (AAI) to actively manage $107.8 million in G10 currencies, signalling continued demand for active currency management.
The Sydney-based investment manager began trading its Short Term Currency Alpha (STCA) strategy on Amundi’s managed account platform in April. The move is part of the alternative asset manager’s plans to extend its portfolio of absolute return currency products having allocated

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