| March 25, 2005 | -- Currency Manager Capricorn is Approved for Listing on FXSelect
Deutsche Banks FXSelect platform has included Capricorn the Swiss based currency manager, as part of its multi-manager universe of FX managers.
(PRWEB) March 25, 2005 -- FXSelect was introduced as a simple and secure way for investors to access multi-managers returns by providing diversified investments for traditional and non-traditional portfolios. From a universe of over 10,000 fund managers, a selection of approximately 200 managers are filtered by their ability to participate in the program, and currently only 130 potential managers have been identified.
Capricorn was identified as being one of the 130 potential managers by meeting the criteria for the selection process. This included; an 18 month daily track record, the maximum drawdown from the last 12 months to be less than 20%, a minimum of US$15m under management, and a 3rd party verification process.
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Capricorn is an established currency manager with clients that include; Banks, Institutions, Investment Funds and HNWIs. As of 2007 Capricorn’s discretionary programs, which were renamed to Capricorn fxST (Growth) and fxST (Aggressive), have a combined AUM of over $50 million. The strategy has an eight year track record and has over the years been included in; Deutsche Bank’s FXSelect, SE Banken’s currency platform, ABN Amro’s FX Directory, Parker Global Strategies currency index, and the Mercer Currency Index.
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