Augustus’ Rookie Currency Fund Up Over 12%

Mar 31 2009 | 12:31pm ET

Investors who bet on Augustus Asset Managers’ first currency offering are all smiles, after the fund returned 12.68% in its first year.

The JB Currency Hedge Fund—Quantitative Segregated Portfolio, invests in 45 currency pairs involving Group of 10 countries. It debuted last March and manages US$100 million of capital, the firm said. JB Currency is managed by Mark Dragten and Tom O'Shea.

“After 12 months, during some of the stormiest financial times in recent memory, the fund has lived up to its promise, returning over 12%,” said CEO Tim Haywood. “It's been tested in a volatile environment and it has consistently performed.”


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...