Hathersage is Citi Access Platform Top Performing Manager
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New York, NY – December 12, 2013 – Through the end of November 2013, Hathersage Capital Management is Citi Access’ top currency manager over the 27 months since the inception of the platform (LTD).
According to Citi Access data (Bloomberg code: CCIB), the top two performing manager strategies LTD are: Hathersage Long Term Currency Strategy at +56.30% and Hathersage Daily Currency Strategy at +33.80%. All results are reported gross of fees and net of interest.
Both Hathersage strategies were uniquely designed for Citi Access to accommodate institutional size. The two strategies offer daily liquidity, while allowing for large AUM additions or withdrawals.
Citi Access is a market-leading wholesale platform where investors are able to access currency investment skills from the universe of specialist managers. The managers on Citi Access are a diverse collection of hedge funds, overlay managers and CTAs, deriving their returns solely from trading over-the-counter currency products.
Citibank launched this unique service to deliver multi-strategy currency management to the institutional market for currency excess returns and flexible structured product.
Hathersage Capital Management LLC, founded in August 1991, 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's portfolios are directed by industry veteran Bill Lipschutz. Bill has more than 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.