December results from BarclayHedge‘s Managed Currency Fund Rankings were released last month in February. Once again Galleon (GalleonFX) is right near the top for the 4th month in a row in 2nd place with 12.15% net returns for the month of December.
These results can also be seen in Currency Traders Magazine on page 38 of the magazine which is also available for download from their website.
Galleon has remained among the top four FX managers in the world during the last 4 months of 2007 ending the year with a 97.35% net return as calculated by BarclayHedge.
The other top 10 managers ranked here nearly all have minimums between $50,000 and $100,000 while at the time of this posting, Galleon offers a minimum at a fraction of this.
With what we have learned in 2007 and with the adjustments and improvements we’ve already made to our systems, it could be possible to net our clients 100% in 2008, even after starting the year with our worse month ever in January. We have had a very encouraging February, and March, at the time of this news item is already positive. Of course there are no guarantees and past performance is surely no guarantee of future results.
BARCLAY HEDGE PERFORMANCE RANKINGS: Managed Futures
As taken from http://www.barclayhedge.com and Currency Traders Magazine.
Currency Traders Managing At Least $1 Million but Under $10 Million as of Dec 2007