Alternative Market Briefing

Infinium’s currency hedge fund up almost 7% YTD after returning 77% in 2012

Thursday, March 07, 2013

Benedicte Gravrand, Opalesque Geneva:

Infinium’s foreign currency trading strategy is up almost 7% YTD after returning 77% in 2012, just as hedge funds are said to benefit from emerging broader trends within currency markets despite continuing volatility.

The Infinium Global Fund returned 3.61% net in February and is now up 6.90% for 2013, according to documents obtained by Opalesque. It launched in July 1, 2010 with a foreign currency-related trading strategy. This strategy makes use of long and short positions in the spot and futures currency markets; it uses a proprietary trading model developed by two brothers and co-directors Andriy and Anto Kalyta. This model makes extensive use of trading derivative contracts on an electronic basis to exclude price distortions typical of pit transactions. It also uses liquidity so as not to create problems with the execution of big orders. (Opalesque Exclusive on the fund).

The fund returned +43.34% in 2010, +104.95% in 2011, and +77.70% in 2012. It currently features in Opalesque Solutions' Emerging Managers Database.

In February, the Euro posted a sharp decline against the US dollar on the Italian elections, while the British Pound Sterling tou......................

To view our full article Click here

Article link