Wednesday, 23 July 2014
Last updated 11 hours ago
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.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…