FX Week

Dollar dive boosts fund managers

Of the 49 programmes in the index, 73% reported a positive performance for January. Dublin, Ireland-based Appleton Capital Management showed the best results, with its 25% Risk Program up 11.28%.

"The main drivers behind the performance for January were the continued decline in the fortunes of the US dollar and the appreciation of the Canadian dollar," said Jeremy O’Friel, head of marketing at Appleton Capital Management. "The latter is a currency we added to the portfolio 18 months ago after