Podcast Center
Video Center
Webcasts
Resource Center
Events
April 12, 2004 at 08:00 PM
NEW YORK (HedgeWorld.com)–Systematic traders in currencies beat discretionary-style FX managers during February, according to the Parker FX Index. The index as a whole was up 0.39%, but its systematic component gained 0.78%.
Top performer Aspect Capital, London, notched a 7.1% return for the month. It was followed by Jacobson Fund Managers, London, with 6.25% and Campbell & Company of Towson, Maryland, with 4.9%.
“Performance came predominantly from accurate positioning in sterling which, bolstered by another interest rate hike, made significant gains against other currencies including the dollar, yen, and Swiss franc,” said Aspect director and joint head of research, Martin Lueck, in a statement.
