Overlay launches EM currency fund

The Dublin-based Emerging Markets Currency Fund will target a 20% return over three to five years. It aims to generate risk-adjusted returns through active positions in a geographically diverse group of between 15 and 20 tradeable emerging national currencies.

The investment strategy is a multi-strategy quantitative process designed to identify investment opportunities in emerging foreign exchange markets.

The process includes technical strategies to identify medium to long-term price trends

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