FX Concepts Tops Ferrell Index But Funds Suffer Poor Results

FUNDS

In a turnaround of fortunes, FX Concepts is back on top of the Ferrell FX Index, breaking the draw down the New York City-based currency and fixed income manager has been in since the third quarter of 1993. FX Concepts' success stems largely from its bearish view of the dollar, sources say. FX Concepts relies primarily on its empirically-driven method of cyclical analysis of currency price data as its analytical engine.

Although FX Concepts was the top performer among the second-quarter fund