Gary Thomas

Managing Director, Operations

Gary is a senior member of the operations team and has responsibilities that cover monitoring active and passive currency programmes, rebalancing calculations and portfolio accounting. He manages query resolution with trading counterparties and operational relationships with the firm’s clients. He joined Millennium Global in March 2008.

Gary began his career at HSBC where he spent 4 years working closely with the emerging market desk in a bond settlements role. In 2006, he moved to a middle office position at Merrill Lynch where he gained valuable experience working with the Local Currency Trading desk covering a wide range of products.

Gary Thomas

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

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

MoneyBeat Podcast: The Changing Tides on the US Dollar Bet

March 30, 2017

MoneyBeat Podcast: The Changing Tides on the US Dollar Bet

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