Samson Capital Advisors has launched its maiden mutual fund, a currency offering dubbed the Samson STRONG Nations Currency Fund(SCRFX).
According to the firm, STRONG is an acronym for:
Sustainable fiscal policies that reduce the probability of financial crisis;
Transparent, reliable, readily accessible economic data;
Regulatory systems that support, rather than constrict or distort, economic growth;
Open societies where free markets are becoming more dominant, and currency rates are set
by market forces;
National fundamentals that reflect prudent fiscal management;
Government that is more democratic, where the rule of law and property rights are secured
The fund is available directly to investors and through both the Schwab and Pershing platforms.
“When we look at currencies, we do not care if they are called developed or emerging by the broader investment community,” stated Jonathan Lewis, Managing Principal and chief investment officer at Samson Capital Advisors. “Our goal is to identify currencies of strong nations regardless of what the countries may be called.”
Samson Capital was founded in the spring of 2004 by senior investment professionals from OFFITBANK, Goldman Sachs, JP Morgan, Kohlberg Kravis Roberts & Co, and MSD Capital.
The firm currently manages some $7.4 billion in assets.