Morgan Stanley veterans Michael Myrtetus and Douglas Borthwick have created Cinneas Foreign Exchange, an alternative investment management firm specializing in momentum based trading in
Morgan Stanley veterans Michael Myrtetus and Douglas Borthwick have created Cinneas Foreign Exchange, an alternative investment management firm specializing in momentum based trading in the foreign exchange market.
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.
Client funds are not held with Cinneas, but rather with a third-party futures commissions merchant or prime broker. Fees are levied monthly and include 20 per cent of the profit after monthly high water mark, and a two per cent management fee.
"We believe that an actively managed, globally diverse portfolio can adapt and grow with the changing markets," says Borthwick. "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."