Hathersage

Hathersage is Deutsche Bank dbSelect Platform Top Performing FXSelect Manager

New York, NY – September 23, 2013 – Through the end of August 2013, Hathersage Capital Management is Deutsche Bank’s FXSelect top currency manager for the year (YTD), the last twelve months (YoY) and since the inception of the platform (LTD).

According to Deutsche Bank, the top three performing manager strategies YTD are: Hathersage Long Term Currency Strategy at +37.61%, Gables Capital Management at +30.80% and a second Hathersage strategy: Hathersage Daily Currency Strategy at +7.06%.

Hathersage Long Term Currency is also the top performing manager strategy YoY at +45.82% and LTD, having produced an average annual rate of return of +9.91% since the platform was launched in March 2005. Hathersage Daily Currency is the second top performing manager strategy since that date having produced an average annual rate of return of +5.82% with an annual volatility of 4.70%. All results are reported gross of fees and net of interest.

dbSelect is a market-leading wholesale platform where investors are able to access currency investment skills from the universe of specialist managers. The managers on FXSelect are a diverse collection of hedge funds, overlay managers and CTAs, deriving their returns solely from trading over-the-counter currency products.

Deutsche Bank launched this unique service to deliver multi-strategy currency management to the institutional market for currency excess returns and flexible structured product.

Hathersage Capital Management LLC, founded in August 1991, is a discretionary absolute return currency manager that trades spot and forward currency contracts, and over-the-counter foreign currency option contracts in the interbank market. Hathersage's portfolios are directed by industry veteran Bill Lipschutz. Bill has more than three decades experience in trading substantial FX portfolios and is featured in The New Market Wizards: Conversations with America's Top Traders, by Jack D. Schwager, 1992.

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