Currency Alpha

Investment Objective:

Our Absolute Return currency strategies seek positive total return from the active trading of global currency markets.

Key Features:

  • Effective risk management of positions as the global currency market is the most liquid of all financial markets
  • Extensive investment opportunity set provided by a large currency universe including Developed and Emerging Market currencies
  • Fully customised to individual client objectives and available as  a segregated account or through several bank fund platforms

Benefits:

  • Seeks to provide investors with total returns from the management of currency exposures that have a low correlation with returns from other asset classes and hence, offer a source of portfolio diversification to investors
  • Possibility for specialist currency managers to exploit inefficiencies in currency markets created by non-profit maximising participants
  • Products available on a funded and unfunded basis which can help satisfy investor’s administrative and capital allocation requirements

Absolute returns provide diversification versus traditional asset classes

Currency Alpha MCO Correlation

What Makes Us Different:

  • Investment strategies employ a fundamental discretionary investment approach, and a combination of discretionary and systematic approaches.
  • Products offered on Deutsche Bank FX Select platform and the Citibank CitiAccess platform
  • Substantial dedicated internal research resources have been continue to building investment tools since the founding of the firm in 1994
  • Dedicated currency specialist, focused exclusively on currency investment solutions.
  • Over 20 years of industry experience of the senior investment professionals, including one of the pioneers of the currency management industry

Solutions


Risk Mitigation


Manage Exisiting Risk


Absolute Return


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

FT Podcast, Currencies on the move

December 1, 2017

FT Podcast, Currencies on the move

Wall Street Journal Podcast: Where is the U.S. Dollar Going?

July 6, 2017

Wall Street Journal Podcast: Where is the U.S. Dollar Going?

Moody's downgrades China: What the fund managers are saying

May 26, 2017

Moody's downgrades China: What the fund managers are saying

FT Hard Currency Podcast: Smoking May, red-hot June

May 5, 2017

FT Hard Currency Podcast: Smoking May, red-hot June

Insights & Studies

Millennium Global Macro and Currency Outlook: Highlights Q4 2017

October 11, 2017

Millennium Global Macro and Currency Outlook: Highlights Q4 2017

Millennium Global Macro and Currency Outlook: Highlights Q3 2017

September 27, 2017

Millennium Global Macro and Currency Outlook: Highlights Q3 2017

The Importance of Addressing Currency Risk in an International Portfolio

January 18, 2017

The Importance of Addressing Currency Risk in an International Portfolio