Gibraltar-based currency fund to start trading

clock

The Daniel Stewart Mercury Forex Currency Fund is set to start trading in April 2013. Aimed at expert and institutional investors, the Gibraltar-based fund has been launched in conjunction with Swiss firm, Mercury Forex.

The fund is headed up by ex-Credit Suisse director John Birkins, who has over 30 years’ experience in the forex markets. Together with his team Birkins plans to focus on short term and intraday trading opportunities in eight currencies and their crosses. These are US dollar, Japanese yen, Swiss franc, sterling, Canadian dollar, euro and both the Australian and New Zealand dollar. Mercury Forex says its uses in-house fundamental analysis which it describes as a contrarian trading strategy and a “highly disciplined approach to risk.” Such an approach has generated an 18 year track record o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Offshore Investment

New awards will celebrate excellence in Channel Islands financial services

Entries now open - deadline for submissions 8 June 2016

Professional Adviser
clock 17 March 2016 • 1 min read

Who won at the International Fund & Product Awards 2015?

Canada Life International, Schroders, and Old Mutual International among winners

Professional Adviser
clock 08 October 2015 •

Revealed: Winners of the 2015 Fund Services Awards

Firms offering services to asset managers honored at gala dinner

Professional Adviser
clock 08 October 2015 •