CitiFX launches new platform

CitiFX has launched a new multi-manager platform, CitiFX Access. The platform offers a range of vehicles facilitating investment in FX managers via multi-strategy benchmark and actively-managed indices licensed from leading index sponsors. The returns of these indices are driven by the performance of currency programs run by the most prominent hedge funds, asset managers and advisors in the industry. From inception, the platform will represent about 35 currency programs estimated to account for more than 50% of the assets under management in currency funds. CitiFX Access is partnering with BarclayHedge, Parker Global Strategies, Absolute Return Strategies and Quaesta Capital to create a range of solutions for investors seeking to capture FX alpha.