U.K.-Based Currency Specialist Millennium Global Continues Strong Performance into 1Q 2015

-- Sees Near-Record Inflows from US and European Pension Funds --

News provided by

Millennium Global Investments, Ltd.

Mar 24, 2015, 10:03 ET

LONDON, March 24, 2015 /PRNewswire/ -- Millennium Global Investments, Ltd., a leading independent institutional currency asset manager based in London, says recent strong performance in all of its currency strategies is leading to significant inflows, particularly from US and European pension funds.

2015 Net inflows have increased dramatically by over USD 2.4 billion:

  • As of 1 January 2015 = $1,700 million inflows
  • As of 1 March 2015 = $740 million inflows

"We believe opportunities for generating alpha returns from currency markets have risen for structural reasons and hence, currency markets will continue to provide an attractive source of alpha," said Mark Astley, CEO of $14Bn AUM Millennium Global Investments, Ltd.

Net returns1 in its range of currency programmes:

  • Millennium Global Currency Alpha programme = 17.44% (2014) and 13.47%* (1 Jan to 20 March 2015)
  • Millennium Global NeXuS = 20.86% ** (1 March 2014 – 28 Feb 2015)

Millennium Global says growing monetary policy differentiation across the world, increased use of currencies as a policy tool and ongoing volatility are likely to provide continued alpha opportunities in global currency markets.  

About Millennium Global Investments. Ltd.

Founded in 1994, we are an independent institutional asset manager based in London servicing institutional clients around the globe. Learn more about us at www.millenniumglobal.com.

*source Millennium Global
** source Citibank

1

  •  Past performance is not a guide to or a guarantee of future returns and the value of investments may fall as well as rise. An investor may not get back the amount initially invested. Prospective investors should be aware that any investment involves a high degree of risk, including the risk of loss of the entire amount invested. Millennium Global Investments Limited is authorised and regulated by the Financial Conduct Authority.

Press Contact:
Phil Nourie / 212-922-1226 / [email protected]

SOURCE Millennium Global Investments, Ltd.

Related Links

https://www.millenniumglobal.com

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