Sat, Jan 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

FX specialist Hathersage Capital makes DBs top 5 list with +21.33% 2010 gains

Wednesday, March 09, 2011
Opalesque Industry Update - According to Deutsche Bank’s FXSelect currency manager returns for 2010, Hathersage Capital Management LLC, a Connecticut-based absolute return currency specialist, is among the top five performers of 56 manager programs which were investable as of the end of December, 2010. Hathersage was the platform’s top performing manager in 2007.

The top five performing manager programs in 2010 were: QFS Asset Management – Currency Program at +37.85%, Navica Currency Alpha Index at +28.72, LCJ Investments at +25.53%, Hathersage Capital Management Long Term Currency at +21.33% and IKOS Currency Managed Account at +18.51%.

Hathersage Long Term Currency is the top performing manager program on the platform since it was launched in March of 2005, having produced an average annual rate of return of +12.62% since that date. All results are reported gross of fees and net of interest.

For 2010, the average manager program on FXSelect returned +5.09%. The median return for the year was +4.74%, while performance for 2010 ranged from a high of +37.85% to a low of -11.03%. Forty-two manager programs (75%) delivered positive results for the year, while ten manager programs (18%) returned 10.0% or more for the period.

FXSelect is a wholesale platform for accessing currency investment skills from the universe of specialist managers. The managers on the platform are a diverse collection of hedge funds, overlay managers and CTAs, deriving their returns solely from trading over-the-counter currency products.

Deutsche Bank launched this unique service to deliver multi-manager currency to the institutional and retail market for currency excess returns and flexible structured product.

(press release)

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised