Skip to main content

Lexinta Group announces Joint Venture with Pecora Capital

By: PRLog
PR Log - Mar 13, 2013 - Lexinta Group AG, the Zug based wealth management and merchant banking boutique, announced a strategic partnership with Pecora Capital. In a bid to bolster asset management services for private and corporate investors, the firm, controlled by Bismark Badilla, has entered into a joint venture agreement with Pecora Capital. Pecora Capital is a US based quantitative investment firm, which focuses exclusively on the research and development of trading models for liquid markets. Pecora Capital was founded by Aaron Smith and Thomas Pasturel and is registered with the National Futures Association.  In partnership with Lexinta Group, Pecora intends to open a Swiss branch this year.  

Mr. Badilla said “our clients are looking to combine the liquidity of foreign exchange markets with the alpha generation and diversification benefits of an absolute return strategy. We’re convinced that Pecora Capital’s quantitative investment strategies will be an instrumental tool for optimal portfolio allocation.”  The group intends to offer the investment strategies through regulated investment funds to an exclusive syndicate in Europe, Middle East and Japan.

Speaking about the joint venture with Lexinta Group, Aaron Smith said “Bismark Badilla is one of the most successful investors in Europe.  It is a tremendous vote of confidence for him to invest alongside management in Pecora Capital.”  Mr. Badilla will take a place personally on the firm’s risk management committee.

Smith recommended gold 17 times at its lows in 2008 on Bloomberg and CNBC.  It has since more than doubled.  On the eve of Japanese elections on December 14, 2012, Smith told CNBC that his firm had short positions in the Japanese Yen versus a currency basket including USD, EUR, AUD and GBP.  Yen weakness has been a prominent market trend.  Pecora Capital employs various computer models to identify short term trends and reversal opportunities in liquid markets.  Global macro views inform the discretionary overlay, risk management policy and research prerogatives.

-END-

For press inquiries, please send a detailed request to info@lexintagroup.com or info@pecoracapital.com or visit Lexinta AG online.

Disclaimer:
This press release and any of its content is for general information purposes and does not constitute either investment advice or an offer or an invitation to offer to acquire, dispose of, subscribe for or underwrite any financial product or services. All information and data contained herein was obtained through careful evaluation of information provided by reliable internal and external sources. However Lexinta Group AG and Pecora Capital LLC or any other members of the group cannot guarantee the complete validity and accuracy of all figures.

All financial products managed by members of the Lexinta group and Pecora Capital are speculative investments. There is a substantial risk of loss in trading foreign exchange, futures and options. To the extent that this document discusses the risks of certain investment and the features of certain investment products or asset classes, no representation or warranty is made as to the completeness of this discussion. Any investment decision should only be made after consulting appropriate professional advisers. Lexinta Group, Pecora Capital and its officers, employees and agents shall not be liable for any loss or damage arising out of any person’s reliance on this document. Investment involves risk.  Past performance is not indicative of future results.

This Material is intended for certain designated professionals and should not be distributed or re-distributed to the retail public without the prior written consent of Lexinta Group or Pecora Capital.  This material does not constitute a prospectus as defined under the Investment Company Act.  Accordingly, statutory liability under that Act in relation to the content of prospectuses would not apply.

Read Full Story - Lexinta Group announces Joint Venture with Pecora Capital | More news from this source

Press release distribution by PRLog

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.