Blue Fin Capital's Managed FX Account recorded a gain of +3.11% in January, after ending 2008 up +8.75%, while the Blue Fin Managed Commodities Account was down -1.04% in January (up +11.43% in 2008).
The Managed FX Account, a quantitative model that uses short term momentum based trading in spot FX markets, enjoyed gains across most currencies in January to begin 2009 on a positive note after a strong 2008. However it should be noted that, taking into account there were no funds in the account from October to December, the real 2008 result was +5.83%. The Managed Commodities Account recorded gains in metals, which was offset however by losses in grains, soft and energy commodities.
