Daniel Stewart & Company to Launch a Foreign Exchange Fund

Daniel Stewart & Company, the London-based investment bank offering corporate advisory, institutional stock broking and wealth management services, announces plans to launch a foreign exchange fund, The Daniel Stewart Mercury Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Currency Fund (the “Fund”).

Open to institutional and “expert” investors, the Fund is scheduled to begin trading at the beginning of next year and will be managed by Mercury Forex AG, a Swiss registered, regulated and authorised company.

Headed by John Birkins, who has over 30 years’ experience trading in the Forex Markets (prior to establishing Mercury Forex AG was Chief Dealer at Credit Suisse), London, Mercury Forex AG has a 16 year track record of generating outstanding returns primarily in spot Forex typically trading the major G7 currencies and their crosses either short-term or intraday. John commented that: “Much of this success is attributed to our three core building blocks, specifically, frequent application of a contrarian trading strategy, appropriate levels of diversification and an extremely disciplined approach to 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”.

Peter Shea, the CEO at Daniel Stewart & Company, said: “We are absolutely delighted to be partnering with Mercury Forex for the launch of our first Forex fund, particularly with an investment manager of John Birkins’ calibre. By collaborating with Mercury Forex, Daniel Stewart is extending Mercuy Forex’s overall distribution across the UK, Middle East and Asia, as well as enhancing Daniel Stewart’s offering to its client network. We strongly believe that ongoing volatility in currency markets provides excellent opportunities for investors to boost returns compared to the relative weakness of equities and bonds.”

John Birkins, CEO at Mercury Forex AG, also commented that: “In the wake of the current credit crisis, continuing global economic fears make it increasingly difficult for equity and debt traders to produce consistent returns. However, this same volatility can be advantageous for the astute Forex Trader and we believe that now is an ideal time to launch The Daniel Stewart Mercury Forex Currency Fund”. John also stressed that he “was very impressed with the infra-structure at Daniel Stewart and their knowledge of the investment environment and feels that their combined leverage will create attractive returns for investors in this challenging trading environment.