CrescoFX Establishes Advisory Services Firm To Professional Investors

    LONDON, ENGLAND, November 05, 2014 /24-7PressRelease/ -- Recently formed under the regulation of the FCA in the UK, CrescoCap will be offering foreign exchange advisory services to professional traders and investors alike. Operating as a separate entity to CrescoFX a Malta-based boutique currency broker/dealer licensed under the EU regulative authority, CrescoCap will provide tailored trading strategies to clients within a broker agnostic execution framework. The range of strategies will seek to offer diversified returns that are uncorrelated to the broader indices such as the S&P500, as well as CTA and other hedge fund indices.

Said Derek Mayne the group's Founder and CEO,"As a pure STP broker specializing on transparent and efficient pricing, CrescoFX is not structured to offer advisory services to our clients. The growing demand we receive to source qualified trading strategies was the trigger to setup CrescoCap and we were able to build an experienced team around it." Alongside Derek, is Mikkel Thorup the acting CIO, Paul Bennett as COO and Mike Rasmussen appointed as Investor Relations Officer.

Mr. Thorup joins CrescoCap early in its development, formed only in July 2014 under the regulation of the FCA, it provides tailored, multi-trader FX strategies to its clients whom the firm describes as "typically HNW individuals, professional traders" as well as institutional investors. CrescoCap operates as a separate entity to CrescoFX, the MFSA and FCA regulated boutique FX broker dealer in Malta.

Derek Mayne, Managing Director said "Mikkel's experience in the markets gained over the past 20 plus years are an invaluable addition to the team. He brings with him excellent currency strategy and trading ideas, together with a stringent risk management focus and a great eye for manager selection gained within an industry that has gone through a number of different cycles in his time. We are delighted to welcome Mikkel on board."

Mr. Thorup explained a little about his investment philosophy in creating risk-adjusted returns in the currency markets: "When evaluating individual trading strategies and how they perform over the medium to long term, we monitor and assess the skills of the trader in generating returns based on their trading styles and how this fits within our overall strategy. This way, we source traders that are capable of consistently generating returns in varying market conditions, instead of seeking specific strategies that perform well only in the current market environment. Successful strategies are then appraised within the portfolio selection process to qualify the strategy and verify the returns."

At CrescoCap our ideology is to adopt an independent, dynamic and results-orientated culture with a flexible approach that transcends the traditional role of an investment advisor. We aim to develop a client base that includes institutions, fund of funds and high net worth individuals seeking direct access to 'Best-of-Breed' strategies that are executed in efficient and transparent account structures. The CrescoCap investment programs are only available to professional clients and Eligible Counterparties.

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