Schroders has rolled out two new absolute return currency funds, Investment Week reports. The Schroder ISF Absolute Return Currency EUR and the Schroder ISF Absolute Return Currency USD will offer low risk cash plus returns from actively managed portfolios. The Ucits III vehicle will be managed by Clive Dennis, head of currencies and Hardeep Dogra. The managers will use a range of global cash instruments and currencies to deliver absolute returns, as well as long and short positions from 30 different currencies.

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