Hedging individual exposures. Aiming at eliminating currency risk.
Umberto joined Millennium in 2014, holding senior risk management positions before becoming a portfolio manager in the discretionary currency team in 2018. He has over 15 years’ experience in global currency markets and previously worked at Citadel as senior strategist, where he was responsible for currency market trade ideas generation and for macro-fundamental & quantitative analysis. Prior to this, he was a Director in the global foreign exchange group at Credit Suisse where he worked extensively on econometric models of foreign exchange determination and the development of alpha-generating strategies in FX. Umberto graduated from Bocconi University in Milan and holds an MSc in economics from the London School of Economics.