Fimat targets hedge funds


NEW YORK -- Fimat Group, Société Générale’s brokerage subsidiary, has formed a New York-based Financial Services Group (FSG) to win more hedge fund clients.

The group will focus on providing FX and fixed-income services in response to increased interest in the asset classes among these clients, said Marc Cohen, co-head of the FSG alongside Stephan Solomon.

"Over the past 18--20 months there has been more movement in the FX market," Cohen told FX Week. "So it has attracted the attention of the

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