Hathersage Capital Among FXSelect Top Five Performers in 2010

New York, NY – March 8, 2011 - According to Deutsche Bank’s FXSelect currency manager returns for 2010, Hathersage Capital Management LLC, a Connecticut-based absolute return currency specialist, is among the top five performers of 56 manager programs which were investable as of the end of December, 2010. Hathersage was the platform’s top performing manager in 2007.

The top five performing manager programs in 2010 were: QFS Asset Management Currency Program at +37.85%, Navica Currency Alpha Index at +28.72, LCJ Investments at +25.53%, Hathersage Capital Management Long Term Currency at +21.33% and IKOS Currency Managed Account at +18.51%.

Hathersage Long Term Currency is the top performing manager program on the platform since it was launched in March of 2005, having produced an average annual rate of return of +12.62% since that date. All results are reported gross of fees and net of interest.

For 2010, the average manager program on FXSelect returned +5.09%. The median return for the year was +4.74%, while performance for 2010 ranged from a high of +37.85% to a low of -11.03%. Forty-two manager programs (75%) delivered positive results for the year, while ten manager programs (18%) returned 10.0% or more for the period.

FXSelect is a wholesale platform for accessing currency investment skills from the universe of specialist managers. The managers on the platform are a diverse collection of hedge funds, overlay managers and CTAs, deriving their returns solely from trading over-the-counter currency products.

Deutsche Bank launched this unique service to deliver multi-manager currency to the institutional and retail market for currency excess returns and flexible structured product.

Hathersage Capital Management LLC is a discretionary absolute return currency manager that trades spot and forward currency contracts, and over-the-counter foreign currency option contracts in the interbank market. Hathersage has a 19-year track record and over that period has produced an average annual return of 15.78% (net of fees). Hathersage currently manages in excess of USD650 million. Hathersage's portfolio management team is directed by industry veteran Bill Lipschutz. Bill has nearly three decades experience in trading substantial FX portfolios and is featured in The New Market Wizards: Conversations with America's Top Traders, by Jack D. Schwager, 1992. For more information, please visit www.hathersage.com.