Wellfleet Asset Management Update
Wellfleet Global Macro is now Wellfleet Global Currency Plus
November 7, 2008
Dan Seitz, President of Wellfleet Asset Management announced Thursday November 6, 2008 that Wellfleet Asset Managements flagship managed futures program "Wellfleet Global Macro" will now be recognized as "Wellfleet Global Currency Plus."
"The new name is designed to convey the specific source for the majority of our investment returns. Our investment process has not changed and our investment style remains "Discretionary Global Macro" " stated Mr. Seitz.
Wellfleet Asset Management also released an updated PDF explaining Wellfleets investment process. If you would like a copy of this report please send a request to info(at)wisdomfinancialinc.com or you can request it through our contact us form.
About Wellfleet Asset Management
Wellfleet Asset Management is a United States-based asset management firm that specializes in a discretionary global macro approach to investing. The firm’s investment objective is to generate high, consistent rates of return that are uncorrelated to the U.S. stock market and other market benchmarks. Wellfleet is registered with the Commodity Futures Trading Commission (CFTC) as a commodity Trading Advisor (CTA) and a Commodity Pool Operator (CPO), and is a member of the National Futures Association (NFA).
About Wellfleet Global Currency Plus
The Wellfleet Global Currency Plus Program seeks to capture short and intermediate term price movements in major currency pairs, equity indices, and interest rates through the directional trading of liquid futures and options contracts. As risk-taking is concentrated in the currency sector, the majority of the Program’s returns are expected to be derived from this market sector. Wellfleet employs a discretionary trading approach that incorporates proprietary quantitative models and techniques. Our investment process, developed over ten years of research and money management experience, is philosophically aligned with the Theory of Reflexivity. Thus, our process consists of three pillars of research: the analysis of price trends, macro events, and market belief systems that we call ‘Market Paradigms'.
Wellfleet Asset Management, LLC Overview
The Wellfleet Global Currency Plus Program was launched in June 2006 and employs the investment process developed by Daniel Seitz. Mr. Seitz has accumulated over a decade of experience in managing institutional portfolios and proprietary trading accounts. While the Program’s primary focus is currency trading, it integrates expertise acquired in three asset classes: currencies, equities, and bonds.
For a complete disclosure document and performance history please contact us.
Past Performance is Not Indicative of Future Results.