The US dollar has been the top performing currency since last week, gaining support from a spike in US Treasury yields, the Biden’s stimulus agenda, hopes for US economic growth and expectations for higher inflation.
Global equities hit another fresh record high on Friday over a growing optimism for a stronger economic recovery around the world despite the political unrest in the United States.
The UK assets opened the week with significant losses on concerns over a fast-spreading coronavirus strain in the country and little progress on a post-Brexit trade deal.
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EXCAPRIME RAIF V.C.I.C. PLC was established in Cyprus on 21/05/2020 as a public company limited by shares incorporated under the Companies Law, Cap.113 with registration number HE 409449. The Fund was registered by its External Manager (“Fortified Capital Ltd”) in the Cyprus Securities and Exchange Commission RAIF Register (CySEC Registration Number: RAIF37) to operate as a Registered Alternative Investment Fund (“RAIF”) as an open-ended umbrella investment company of variable capital in accordance with PART VIII of the Alternative Investment Funds Law 124(I)/2018 and is indirectly regulated by the Cyprus Securities and Exchange Commission through its External Manager. The Fund has not received an authorisation licence from the Cyprus Securities and Exchange Commission.
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