Cinneas Foreign Exchange LLC, an alternative investment management firm specializing in momentum based trading in the foreign exchange market, has launched a Commodity Trading Advisor (CTA). Created for individual investors and institutions, Cinneas actively manages a diversified foreign exchange portfolio using proprietary technical and fundamental methodology developed over its principals’ combined 30 years at premier Wall Street firms.
The Cinneas investment process combines technical, fundamental and intraday market flow analysis with the careful application of leverage for the purpose of delivering non-correlated returns, preserving capital and mitigating risk. The firm follows both long and short term trends in the foreign exchange currency market to provide maximum exposure during large moves, and limiting exposure at turning points. The firm then exploits momentum and carefully applies and manages leverage to realize gains with greater probability. Recognizing that many investors lack the resources or knowledge to trade the FX market, Cinneas offers a low barrier to entry with a minimum investment of USD5,000 with no lock-up period.
Cinneas was founded by Morgan Stanley veterans Michael Myrtetus and Douglas Borthwick.
“We believe that an actively managed, globally diverse portfolio can adapt and grow with the changing markets,” says Douglas Borthwick, managing partner. “Our approach draws upon global economic, fundamental, and technical analysis to identify momentum trading opportunities, with the ultimate goal of producing non-correlated risk-adjusted returns.”
“The foreign exchange market is the largest and most liquid market in the world, with over USD3 trillion traded daily,” says Michael Myrtetus, managing partner. “It is growing in popularity as an asset class with pension funds, hedge funds, university endowments and high net worth individuals, in an effort to enhance the diversification portfolios. Retail investors know they need greater diversification in their portfolios as they begin to question buy and hold strategies in equities and fixed income.”
L.D.