Press Release – Global Investment Management, manager of the GIM Forex Program (Managed Accounts) announces the launch of a new Forex fund: the GIM High Opportunity Forex Fund, ISIN : BMG3032V2255. Goldman Sachs is providing the price feed ( liquidity ) via Rabobank for the fund.
“Interested parties have been calling on us to offer a fund version of our high frequency GIM Forex Program (Managed Accounts). Through the Fund, we offer access to our very successful GIM Managed Forex Account Program with the ease of investing in a fund. The GIM High Opportunity Forex Fund boasts low correlations to other asset classes and potential profit opportunities resulting from market inefficiencies and macroeconomic trends,” said Astron Susilovic, managing director of Global Investment Management. “Additionally, the currency asset class exhibits low levels of volatility and high liquidity relative to other assets, such as equities and fixed income. Through the fund, we are offering advisers unique opportunities to add managed currency exposure to their clients’ portfolios,” concludes Mr. Susilovic.
In April 2010, Global Investment Management, launched its GIM Forex Program (Managed Accounts) which recorded substantial asset growth in only 6 month, including over 1000% growth in assets under management.
The fund will be offered in 4 reference currencies ( EURO ,USD, GBP and CHF ) in order to prevent currency base depreciation for subscribers and will be using AAA rated Rabobank as the FX Prime Broker. ” Mr. Susilovic continues.
GIM’s High Opportunity Forex Fund eliminates the management fee for early subscribers for the first operating year. Initially, the fund shares are available through Apex Fund Services as well as directly from Global Investment Management.
Peter Hughes, Managing Director of Apex Fund Services said: “Continually developing innovative products and by understanding our clients businesses allows Apex to provide the highest levels of services. We look forward to supporting the launch and success of the GIM High Opportunity Forex Fund.”
About Global Investment Management
Global Investment Management (GIM) is a privately held firm dedicated to alternative investments for qualified individuals and institutional investors seeking opportunities through a complete spectrum of global investment vehicles in absolute return strategies. GIM´s multi award winning investment programs include high frequency managed futures and High Frequency Managed Forex Accounts. According to the latest BarclayHedge survey, Managed Futures surpassed all other hedge fund investment strategies in Assets Under Management. Managed Futures accounted for $223.4 billion of the total of $1.78 trillion invested in all types of hedge fund strategies.
