10.10.2013 Update: FX Concepts winds down investment management operations
Benedicte Gravrand, Opalesque Geneva:

Yesterday, FX Concepts sent a general e-mailed announcement from its New York offices that the company would wind down its investment management business over the next few weeks.

"Assets at the firm have dropped to levels that can no longer sustain the business," Robert Savage, Chief Strategist, says in the announcement (which a source forwarded t

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