Recently released are the November results from Barclay Hedge Managed Currency Fund Rankings and once again Galleon is right near the top for the 3rd straight month in a row in 4th place with 5.18% net returns for the month of November.
These results can also be seen in Currency Traders Magazine around page 34 of the magazine which is also available for download from their website.
Galleon has remained among the top four FX managers in the world now for the last 3 months and has recently posted yearly returns that beat out most for the year of 2007.
Keep in mind that 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 much lower minimum
WIth what we have learned in 2007 and with the adjustments and improvements we’ve made to our systems it could be possible to net our clients 100% in 2008. Of course there are no gaurantees and past performace is surely no gaurantee of future results.
BARCLAY HEDGE PERFORMANCE RANKINGS: Managed Futures
As taken from http://www.barclayhedge.com
Currency Traders Managing At Least $1 Million but Under $10 Million as of Nov 2007
CTA Program Nov 2007 ROR YTD MUM
1 Forex Managed Accounts, LP 8.33% 93.73% $8.8M
2 Overlay Asset Management(OAM Short Term) 6.88% 15.69% $5.6M
3 Zone Capital Pty Ltd(FX Managed Account) 6.70% 15.34% $1.2M
4 Galleon Strategic Management Ltd(FX Cannon USD) 5.18% 75.97% $2.4M
5 EMC Capital Management, Inc.(Currency) 4.70% 8.99% $2.4M
6 UMJ (Singapore) Pte Ltd(UMJ Tekniko Fund) 4.47% -2.41% $5.0M
7 Forex Capital Markets, LLC(Sentiment Fund) 4.14% 29.30% $5.0M
8 MIGFX, Inc(Retail Growth) 3.90% 52.21% $8.3M
9 H3 Global Advisors Pty Ltd(Global Currency) 3.75% 36.53% $3.0M
10 Seymour Pierce Ltd(Alpha) 2.37% 13.46% $5.0M