| | | |
|
|
| Capricorn in the News | » Back | | | | | -- fxST (Growth) added to the HFRI Total Macro Index
March 15, 2010 (www.hedgefundresearch.com).
The Capricorn fxST (Growth) program is a constituent of the HFRI Total Macro Index, a recognized hedge fund industry's standard in strategy and regional performance benchmarks.
Over the years, the demand profile for absolute returns has increasingly been dominated by institutional investors. Macro managers adapted to this change by being more risk controlled and more diversified by slowly shifting from a single portfolio manager approach to a so-called silo approach («multi-strategy »). A silo approach consists of capital being allocated to several traders or teams with different styles and market coverage based on a top down view of the world. This approach led to a high degree of diversification, an expansion in capacity and a natural shift towards a micro approach. This evolution was a strong contributor to the decline in volatility in HFRI Macro Index returns over the years.
|
|
| | | |
|
| Award Recognition | | |  | | |
|
| |
