FX Concepts acquires Track research business

John Taylor, FX Concepts

Currency hedge fund FX Concepts has acquired research business and website Track.com as part of a strategy to build out its qualitative and fundamental research capabilities, according to chief executive John Taylor in New York. Track will become a wholly owned subsidiary of FX Concepts, and the group's chief executive Robert Savage will become chief strategist at FX Concepts.

"You always want to get the best people possible and Bob Savage meets that qualification," says Taylor. "We are a resear