Richard Benson

Head of Portfolio Investments

Richard heads the management of currency exposures for Active Currency Overlay clients on a day-to-day basis.  Richard generates investment ideas and themes within the team through an analysis of fundamental macro-economic and financial market variables taking into account the prevailing currency market dynamics and cross-asset class signals. This role encompasses portfolios both for active currency overlay and pure currency alpha mandates.

Richard joined Millennium Global in 2008, having gained extensive experience at both Investec Asset Management and Fischer Francis Trees and Watts (FFTW) in London. During his five years at FFTW, Richard was a key member of the Global Currency team having responsibility for managing global currency exposures in both currency alpha and currency overlay programmes. 

Richard has a BEng in Naval Architecture from Newcastle University and after leaving university he spent five years in the Royal Navy as a Warfare Officer. 

Richard is a member of the Society of Business Economists and is registered with the Financial Conduct Authority in the UK

Richard Benson

“A combination of a disciplined process and a dynamic response to evolving events is the hallmark of an effective discretionary process.”

Solutions

Passive Hedging

Passive Hedging

Hedging individual exposures. Aiming at eliminating currency risk.

Dynamic Hedging

Dynamic Hedging

Hedging individual exposures improving on a static hedge

Active Currency Overlay

Active Currency Overlay

Transforming existing exposures improving risk-adjusted returns

Absolute Return

Absolute Return

Unconstrained, aiming at achieving uncorrelated returns

News & Media

Millennium Global Investments awarded €2 bn currency mandate by ERAFP

April 19, 2018

Millennium Global Investments awarded €2 bn currency mandate by ERAFP

Millennium Global contributes to the £1m raised for 'The Felix Project: Help a Hungry Child' campaign

February 13, 2018

Millennium Global contributes to the £1m raised for 'The Felix Project: Help a Hungry Child' campaign

Market volatility spurs some funds to look again at currency hedging

February 7, 2018

Market volatility spurs some funds to look again at currency hedging

FT Podcast, Currencies on the move

December 1, 2017

FT Podcast, Currencies on the move

Insights & Studies

Millennium Global Macro and Currency Outlook: Highlights Q3 2018

July 13, 2018

Millennium Global Macro and Currency Outlook: Highlights Q3 2018

Millennium Global Macro and Currency Outlook: Highlights Q2 2018

April 26, 2018

Millennium Global Macro and Currency Outlook: Highlights Q2 2018

The “Yield Shield” : An Approach to Managing Emerging Market Currency Risks

March 28, 2018

The “Yield Shield” : An Approach to Managing Emerging Market Currency Risks