Mikkel Thorup Joins CrescoCap’s London Team as CIO

London, United Kingdom, October 16, 2014 --(PR.com)-- Mr. Thorup joins CrescoCap early in its development, formed only in July 2014 under the regulation of the FCA, it provides tailored, multi-trader FX strategies to its clients whom the firm describes as “typically HNW individuals, professional traders” as well as institutional investors. CrescoCap operates as a separate entity to CrescoFX, the MFSA and FCA regulated boutique FX broker dealer in Malta.

Derek Mayne, Managing Director said “Mikkel’s experience in the markets gained over the past 20 plus years are an invaluable addition to the team. He brings with him excellent currency strategy and trading ideas, together with a stringent risk management focus and a great eye for manager selection gained within an industry that has gone through a number of different cycles in his time. We are delighted to welcome Mikkel on board.”

Mr. Thorup explained a little about his investment philosophy in creating risk-adjusted returns in the currency markets: “When evaluating individual trading strategies and how they perform over the medium to long term, we monitor and assess the skills of the trader in generating returns based on their trading styles and how this fits within our overall strategy. This way, we source traders that are capable of consistently generating returns in varying market conditions, instead of seeking specific strategies that perform well only in the current market environment. Successful strategies are then appraised within the portfolio selection process to qualify the strategy and verify the returns.”