Capricorn achieves recognition as a currency alpha manager

A leading North European Bank, SEB (Skandinaviska Enskilda Banken AB) has approved Capricorn as one of the currency managers in its “Managed Alpha Product” being offered to professional investors.

The SEB Managed Alpha Product (FX MAP) is a tool whereby investors are able to identify currency alpha managers that meet certain investment criteria’s, and then invest in those managers in a safe, liquid and clear way. Capricorn was approved to be included in the FX MAP product in April 2006, following a complete due diligence procedure by Watson Wyatt worldwide.

A year earlier Capricorn had been approved by Mercer Investment Consultants to be included in a similar product being offered by Deutsche Bank, the FX Select platform. From a recent influx in assets of the Capricorn currency programs the total strategy AUM now exceeds $60 million, with over eighty percent of these assets from institutional investors.

Capricorn is an FX-only Investment specialist. For further information please access our website at; www.capricornfx.com.

To give some background on Capricorn, the company was established during 1997 in order to provide stable and high returns investing in different asset classes for investment professionals. By 2000, the focus of Capricorn had shifted to specialise on the single asset class where the company was steadily generating the highest Risk/Return value, currency management. As of today, the company has more than 27 years of experience within the trading, asset management and investment advisory arena. Capricorn is an established currency manager with a global client base that includes; Banks, Asset Allocators, Institutions and High Net Worth Individuals.