World's Toughest Job: Trying to Improve on Perfection
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New Chairman of Resolute Capital Growth Fund Has His Work Cut Out for Him
LONDON, Jan. 15 /PRNewswire/ -- How do you improve on 60 consecutive
months of gains? That's the question financial services veteran Laurence M.
Rosenberg must be asking himself right now.
An industry stalwart with more than four decades' experience, Rosenberg
has signed on as chairman of the hugely successful Resolute Capital Growth
Fund. If his objective is to improve performance, he'll need to draw on the
full range of his skills and hope for a dose of good fortune as well: since
its inception, RCGF has never had a down month.
"Well, I do like a challenge," says Rosenberg, acknowledging that his
situation is "a little like taking over Google with a mandate to start making
things happen."
Success Begets Success
Rosenberg says his first goal is to ensure that the fund's success - a
result of proprietary trading strategies, systems and software - continues as
the fund grows. "The better RCGF does, the more people want to invest in the
fund," he explains. "My job is to make sure we have the infrastructure and
processes to make that possible." Rosenberg believes the fund will operate at
even higher efficiency - and profitability - as it enters its next phase of
growth.
Fund founder, president and chief trader Carlo Scevola agrees. "We are far
from maxing out our strategy," he says, indicating that average annual returns
of 20% - with near-zero volatility - could improve even further. "Our Sharpe
Ratio is the highest in the business. Month after month we refute the idea
that excellent gains require a high level of risk. Larry Rosenberg's
background is exactly what we need to take our game to the next level."
Rosenberg has held senior management positions at a number of financial
services organizations. A regular speaker at industry events who is often
quoted in the financial press, author of "ETF Strategies and Tactics" edited
by McGraw-Hill, Rosenberg has served the maximum allowable term as Chairman
for the Chicago Mercantile Exchange, the world's largest exchange.
"Is this the biggest test of my career? Absolutely," says Rosenberg. "But
given what's going on in the markets today - and how this fund performs
nonetheless - I know hundreds of financial executives who would kill to be in
my position right now."
About Resolute Capital Growth Fund
Resolute Capital Growth Fund is a professional investment fund registered
in the British Virgin Islands, licensed with the BVI Financial Services
Commission and listed on the Irish Stock Exchange. It is designed for
professional investors looking for alternative ways to generate above average
returns. The fund specializes in low-volatility, market-neutral strategies,
and invests mainly in currencies. Its excellent returns and low volatility are
truly unique in the industry.
For more information visit the company website: http://www.rescgf.com
SOURCE Resolute Capital Growth Fund
Mr. Carlo Scevola of Resolute Capital Growth Fund, +44-207-419-5671,
info@rescgf.com
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