Value managers top performers in February
LONDON – Currency managers using the value strategy were the top performers last month, benefiting from investors' flight to quality, indicates research from the Royal Bank of Scotland.
According to the bank’s naive simulations of currency strategies, the value strategy returned 1.2% in February and has made 2.4% since the start of the year. The strategy maintained long US dollar and Swedish krona positions, but made most of its gains from being long yen.
The trend strategy was also up, at 0.7%
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