The Sagacity Futures Fund is being liquidated 14 months after launch following heavy losses incurred by the fall of the US dollar to record lows against the Japanese Yen during March.Sagacity, which was managed by former Bank of Bermuda chief economist Allan Marshall and sold by Lines Overseas Management, was a high risk fund that took leveraged positions in financial futures and related options traded on the world’s major futures exchanges.
Articles Bermuda InvestmentApril 11, 1995
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Bermuda InvestmentKeywords
Allan Marshall Brian Lines Lines Overseas Management Max Quin Sagacity Futures Fund