Mixed fortunes in FX


The first half has seen a relatively broad spread of returns among currency specialists, with slightly more funds down than up at the six-month stage.

Harmonic Alpha Plus leads the way on 18.02% YTD, after a June return of 8.38%. JP Morgan Euro Managed Currency Plus is up 8.58% for the first half after gaining 2.07% in June. The LCJ FX Fund has made 6.55% YTD, but lost 1.74% last month.

ABCA FX is down 2.21% following a dip of 0.26% in June, and Rhicon Strategic is down 2.68% YTD after shedding 1.94%. Alder Global 20 has lost