Dutch Forex Manager Joins Deutsche Platform

Jan 18 2008 | 1:00am ET

The New Year is looking bright for Navica Capital Management. The Amsterdam-based firm's Currency Alpha Strategy was recently added to the Deutsche Bank Global FX-Select Currency Managers platform, which currently makes more than 70 currency managers available for institutional investors.

Through Deutsche Bank, the firm is planning to issue certificates of up to €50 million (US$73.9 million) in capacity in March or April.

"What this means is that we can offer this strategy in different formats for institutional investors," said Marc Buten, managing director. "In the last six months, there has been fast-growing demand for further diversification among investors in the currency market who are looking at currencies as a separate asset class where they can get returns."

The €10 million (US$14.8) Currency Alpha fund, which trades global currencies, began trading eight years ago, and ended last year up 36.43% net of fees.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...