Wed, Sep 28, 2016
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. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style