Xenfin is to close its FX fund after three and a half years of trading and return all funds to investors.
Since inception the fund has returned 28.76 per cent and 57.52 per cent on its managed growth and aggressive FX strategies respectively.
June’s performance was +2.80 per cent, taking the fund’s 2012 YTD performance to +1.88 per cent.
“We are extremely grateful to all of our clients for their trust and support over the last few years, and thank you to everyone who has supported us in setting up and running this strategy,” says Nick Hocart of Xenfin Capital. “We will continue to focus its efforts on the technology and proprietary trading side of the business, in particular Liquid-X, our liquidity provision platform, which continues to show strong growth in volumes and institutional take up despite depressed trading volumes for the first half of this year.”
