I know other big funds managers that have linked their performances to demo accounts here. I wrote them and they send me all the documents and they are fully regulated. Hedge funds and managed futures funds are not here on Myfxbook. They have relationship with ' Qualified Eligible Participant ' , persons that invest millions of dollars, not 10K or.... cent accounts.
It is good if BIG managers begin to explain and show their strategies here.... can this be the start of a new trend where important funds take care of smaller investors and community? Only the time will show the answer.
Alex, you seem very knowledgeable about the industry overall. We are willing to provide all statements as well. AICAP provides money management but operates as a hedge fund in NYC under filing exemptions for the time being. What sets us apart is our goal to innovate the industry by restructuring the archaic 2 and 20 fee structures most hedge funds use and employ a 2.4 and 18 with the yearly management fee charged or charged off on a monthly basis (.2%/mth) based on a high watermark hurdle (account equity must be higher than equity of prior month excluding deposits). We believe this incentives single fund managers, even smaller ones such as ours, to constantly be on top of the game but does come at a reduction of profits for hedge funds even if all 12 months were charged to client.
Secondly, this company has been built from the foundation up, brick by brick, and our mission is to be the evolution and solution in the industry. On my end, there are many daily tasks that need to be fulfilled but I always upkeep myFXbook because part of the evolution involves the accessibility of Wall St. to Main St..
I was on Wall St. when the whole Wall St. vs. Main St. protests were going on and I remember seeing people cordoned off by police blockades. Hard not to feel empathy for Main St., even as someone who owes his career and stability to Wall St. firms. Regardless of the not so kind comments by some within this post, AICAP will strive to achieve a crossroads between Main and Wall St..
I grew up with my parents owning a few dry cleaning businesses, working from 6 in the morning to 8 at night everyday 6 days a week. 84 hours a week. Similar to the hours I've put in to get to this point in life where I can risk the safety of another job at another company and be granted admission to attend NYU Stern's MBA program based on experience alone. My parents, immigrants from Seoul, South Korea knew nothing about how money made money and scoffed at the idea of my proposal to take some of the profits from their dry cleaning business to invest in WTI futures back in 2003 when I was still in college. They never understood the concept that if managed properly, money can in fact make more money.
Admittedly, AICAP is a small fund compared to the real big boys but we think our business model, methods of innovation, and sound Global Macro Strategy generating high ROI & alpha will be successful in achieving its goals and perhaps making the real big boys change their business models and archaic fee structures.
DH @ AICAP
We enjoy the process far more than the proceeds - Omaha's Oracle & legendary investor Warren Buffet