LONDON, Jan. 15 /PRNewswire/ -- How do you improve on 60 consecutive months of gains? That's the question financial services veteran Laurence M. Rosenberg must be asking himself right now.
An industry stalwart with more than four decades' experience, Rosenberg has signed on as chairman of the hugely successful Resolute Capital Growth Fund. If his objective is to improve performance, he'll need to draw on the full range of his skills and hope for a dose of good fortune as well: since its inception, RCGF has never had a down month.
"Well, I do like a challenge," says Rosenberg, acknowledging that his situation is "a little like taking over Google with a mandate to start making things happen."
Success Begets Success
Rosenberg says his first goal is to ensure that the fund's success - a result of proprietary trading strategies, systems and software - continues as the fund grows. "The better RCGF does, the more people want to invest in the fund," he explains. "My job is to make sure we have the infrastructure and processes to make that possible." Rosenberg believes the fund will operate at even higher efficiency - and profitability - as it enters its next phase of growth.
Fund founder, president and chief trader Carlo Scevola agrees. "We are far from maxing out our strategy," he says, indicating that average annual returns of 20% - with near-zero volatility - could improve even further. "Our Sharpe Ratio is the highest in the business. Month after month we refute the idea that excellent gains require a high level of risk. Larry Rosenberg's background is exactly what we need to take our game to the next level."
Rosenberg has held senior management positions at a number of financial services organizations. A regular speaker at industry events who is often quoted in the financial press, author of "ETF Strategies and Tactics" edited by McGraw-Hill, Rosenberg has served the maximum allowable term as Chairman for the Chicago Mercantile Exchange, the world's largest exchange.
"Is this the biggest test of my career? Absolutely," says Rosenberg. "But given what's going on in the markets today - and how this fund performs nonetheless - I know hundreds of financial executives who would kill to be in my position right now."
About Resolute Capital Growth Fund
Resolute Capital Growth Fund is a professional investment fund registered in the British Virgin Islands, licensed with the BVI Financial Services Commission and listed on the Irish Stock Exchange. It is designed for professional investors looking for alternative ways to generate above average returns. The fund specializes in low-volatility, market-neutral strategies, and invests mainly in currencies. Its excellent returns and low volatility are truly unique in the industry.
For more information visit the company website: http://www.rescgf.com
Website: http://www.rescgf.com/