| September 05, 2004 | -- Capricorn FX (Zurich, Switzerland) expands its operations
A Zurich-based FX Specialist (www.capricornfx.com) expands operations due to increasing interests in its FX products. Attention drawn by the strong and stable performance.
(PRWEB) September 05, 2004 -- Capricorn Asset Management (AG), a currency specialist based in Zurich has recently restructured and expanded its operations owing to increasing interest in its currency programs. The Swiss-regulated financial institution has three investment programs; Capricorn FX3x, Capricorn FX7x and Capricorn Systementum FX2x that it currently markets to institutions and high net worth individuals.
Two of the investment programs, Capricorn FX3x and Capricorn FX7x are now emerging upon the radars of Banks, Fund of Funds, Asset Allocator and Institutions both in Europe and the US, that are looking to diversify their investment portfolio into FX-only programs. With a 5-year trading history producing strong and stable returns, the two products are outperforming equity benchmarks including the S&P500. The Capricorn FX products in addition show a low correlation to other FX products, which is a key risk management factor that clients analyse before selecting an investment manager.
The philosophy behind the Capricorn FX products is based upon the belief that many factors influence the currency Market and that these factors' impact on movements in the market changes overtime. Furthermore, the Capricorn FX products are traded applying technical analysis and systematic trading rules to create pure ALPHA.
-----------------------------
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.
| |
