Credit Suisse seeks to strengthen Japan currency business
The bank has signed a deal to provide a diversified currency index to Shinkin Asset Management as it pushes FX as a separate asset class to investors in the country.
Credit Suisse is promoting foreign exchange as a separate asset class to yield-starved investors in Japan as it strives to strengthen its currency business in the country.
The Swiss bank has just signed a deal to provide its FX Factor currency index for a privately placed investment trust managed by Shinkin Asset Management in Japan.
Ivan Chan, head of FX sales for Credit Suisse in Asia-Pacific, says: “We are moving into an area where FX is a separate asset class. It is a big thing in…
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