Dr. Momtchil Pojarliev, CFA,
Hathersage Senior Portfolio Manager, is widely published in the areas of portfolio construction and the separation of currency alpha and beta. Read his latest work for publication in Journal of Portfolio Management.
Led by FX industry veterans Lewis Broad & Bill Lipschutz, the Hathersage team has worked together for 20 years.
The Sultan of Currencies, Bill Lipschutz, is featured in Jack Schwager's "The New Market Wizards."
Awards & Recognition
Hathersage Among FXSelect Top Managers in 2010
Hathersage ranks among the five best performing managers in 2010 ... read more
Hathersage Capital is 2007 Top Performing Manager
Hathersage was the top performer of 69 manager programs
... read more
Married to the Market
After making his name as one of the most famous currency traders ever, you might think Bill Lipschutz would slow down. Think again ... read more
The Risk 20 Awards:
Currency Derivatives
Under Lipschutz, Salomon Brothers took heavy proprietary positions making $300 million a year by 1985 ... read more
Hathersage's investment objective is to achieve consistent appreciation of assets over a long-term investment horizon, while preserving invested capital through limited drawdowns.
Hathersage's trading approach is discretionary. Drawing on the over 25 years experience of Bill Lipschutz, trade decisions are based on an understanding of fundamental and technical factors and executed in accord with a disciplined system of risk management.
Hathersage offers Managed Accounts using the strategies of two distinct programs:
Returns from both Hathersage programs have low correlations with Market, Hedge Fund and FX Manager Style Indices, even in periods of extreme market dislocation, such as the crises in 1998, 2001, 2007 and 2008.
Analyze the 20 year track record of our Currency Programs using your own investment amounts, dates and indices for comparison:
Download One Page Program Overviews and Rolling Returns for investment periods ranging from 1 month to 10 years.
FX Invest Europe 2012
Feb 28, 2012
Zurich
Chaired by Hathersage Director Lynnelle Jones, this event will showcase the latest Initiatives in the FX space ... more
Recent Research
Are All FX Managers Equal?
Which currency fund managers provide the most effective diversification?
.... read more
Detecting Crowded Trades in Currency Funds
A proposed method to measure the crowdedness of trades
.... read more
In The News
The New Normal — Defining Currency Management Alpha
Do currency managers provide "real" diversification to investors with large equity exposure? .... read more
FX, A New Asset on the Menu for Investors
A minority of FX managers have been able to deliver consistently superior performance over the years. Bill Lipschutz is one of them ... read more
The Perfect Portfolio
Partnership
Lynnelle Jones and Sorina Givelichian on absolute return currency management
... read more
How Lipschutz Downsized to Bigger Things
Bill Lipschutz talks to Helen Avery about why FX is catching the eye of institutional investors ... read more
