Mikkel Thorup Joins CrescoCap's London Team as CIO
- Mr. Thorup explained 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..."
CrescoCap has announced that the former Founding Partner and CIO at CapricornFX, Mikkel Thorup now completes the top lineup of the newly created Asset Management firm as its Chief Investment Officer.
Mr. Thorup joins CrescoCap early in its development, formed only in July 2014 under the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term 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 Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term 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.”
Mikkel Thorup, CIO
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.”
CrescoCap has announced that the former Founding Partner and CIO at CapricornFX, Mikkel Thorup now completes the top lineup of the newly created Asset Management firm as its Chief Investment Officer.
Mr. Thorup joins CrescoCap early in its development, formed only in July 2014 under the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term 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 Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term 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.”
Mikkel Thorup, CIO
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.”