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

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