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The Track Record is surely unique John Percival has published Currency Bulletin since 1981 . Previously a columnist on Lex at the Financial Times, John has had an uncanny sense of proving the accepted wisdom of the day wrong. Currency Bulletin has anticipated all the major moves in the dollar, and its main interim corrections. A track record is a matter of fact. Anyone can find quotes that suggest amazing foresight. But in the end what matters is how consistent advice is; and how unambiguous; in fact, how useful. John Percival (who has managed client funds through UK based Chescor Ltd) has a track record that speaks for itself. Between 1990 and 1995, he has achieved a compound annual growth rate of 29.3%. In doing so, he has delivered consistently high returns to his investors which most traders can only dream of. Moreover, he has done this without taking on undue risk. |
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John was judged to have the highest Sharpe Ratio of all currency managers tracked by MAR for the 36 month period ending June 1994. In other words, he achieved his returnsd by taking on comparatively little risk. As MAR remarked: "Chescor (managed by John Percival) stands out from the crowd of advisors: it is a sentiment trader located in Europe that is not correlated to the industry and focuses solely on the currency markets. This discretionary trader has exhibited consistent superior returns since 1989." Over the years, whatever CB has recommended, it has done so without sitting on the fence. It has usually been right; it has always been unambiguous. Often it has been so fortright it has seemed foolhardy. But at least subscribers get a clear message - sometimes a heroically right one. For those currency investors who are to busy in their professions following all the position signals there is now an alternative: John Percival's Market Sentiment Strategy is managed by DynexCorp since 1 Jan 2005. |
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