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Currensee provides emerging money managers with new route to alternative investments

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Alternative investments service Currensee is proving popular with growing money managers eager to find new retail investors. Currensee has seen the proportion of applications from Forex money managers to the Trade Leaders Investment Program double since January 2011. The program allows retail investors to automatically replicate the trades of some of the most successful traders in the world, called Currensee Trade Leaders.

Trade Leaders receive 15 per cent of the monthly profits they generate for the investors that have chosen to automatically follow their trades. More than USD3 billion has been traded through the program since its launch in October 2010. The program is available worldwide and has investors from more than 50 countries, giving money managers the ability to grow their businesses globally without the headache of marketing, operations and reporting.

"We’re impressed at how quickly investment companies and professional money managers have applied to become Trade Leaders in order to access new markets," says Dave Lemont, CEO of Currensee. "It shows that many companies are keen to try out new ideas that might give them the edge in attracting global investors and new assets without additional sales or operating expense or effort."

Of the 14 Trade Leaders selected by Currensee after extensive checks and analysis, 11 are money managers, including three recently added Trade Leaders — Gabor FX, a Hungarian trading group, Trader Tradingsystema, a Swiss investment company, and Joiny FX, a Chinese money management firm.

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