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

Posted by Struan Wight

Claire Dissaux, Head of Global Economics and Strategy, discusses the drivers of Moody's downgrade of China and the reforms needed to reverse the cut to the sovereign rating.

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MoneyBeat Podcast: The Changing Tides on the US Dollar Bet

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, talks with the Wall Street Journal about the state of the US dollar and how the markets and the disarray in Washington are poised to impact its growth

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Pound’s calm faces test as Brexit talks near

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, speaks to the Financial Times about Sterling's current valuation and its drivers

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Mark Astley on FT Hard Currency podcast: Yellen and Shoutin' about US data

Posted by Struan Wight

The Federal Reserve’s hawkish position, which is driving dollar strength, is not a response to Donald Trump and the prospects of fiscal stimulus, Mark Astley of Millennium Global Investments tells Roger Blitz, but a reappraisal of the strength of the US economy.

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Wall Street Journal Podcast: What Does a Strong Dollar Mean?

Posted by Struan Wight

The US dollar has been rising sharply since the election. But what exactly does that mean? Paul Vigna and Stephen Grocer are joined by Mark Astley, Chief Executive Officer of currency investment manager Millennium Global Investments, and reporter Chelsey Dulaney.

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'What the dollar surge means', Mark Astley, Millennium Global's CEO, speaks to CNBC

Posted by Struan Wight

Mark Astley, CEO of currency investment manager Millennium Global, discusses the dollar's surge and what it means to exports and the economy.

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How to manage foreign currency exposure given uncertain outlook for U.S. dollar

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, describes how a pragmatic and effective approach to managing currency exposure is to recognize that an active approach to managing currency exposure, within an international portfolio, is advisable in exactly the same way that an active allocation approach to the equity, fixed-income and alternative asset allocation is commonplace.

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Volatile Markets Push US Institutions to Hire Currency Managers

Posted by Struan Wight

Mark Astley, Chief Executive Officer, discusses the drivers of demand for currency overlay strategies with the Financial Times Fund Fire service

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US public pensions turn to currency as returns sour

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the increased interest in currency funds as a source of alpha in a world of low returns

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Délicate couverture du risque de change (Hedging currency risk, a delicate decision)

Posted by Struan Wight

Claire Dissaux, Head of Global Economics & Strategy, and Francois Oustry, Head of Investment Solutions Group, discuss the emerging market adjustment cycle and the implications for foreign exchange and explore how an enhanced dynamic hedging model can be used to protect emerging market yields against abnormal shocks.

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Beneath Yuan’s Quiet, China Worries Rise

Posted by Struan Wight

Claire Dissaux, Head of Global Economics and Strategy, comments on Chinese business confidence and the market risk of further Chinese yuan depreciation

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Dollar slides to six-week low as U.S. data clouds rate hike outlook

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the US dollar's reaction to the latest data

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Bank of England keeps U.K. interest rates at 0.5%

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, provides reaction to the Bank of England monetary policy committee's July decision.

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Hedge Funds Limit Risk Before Brexit Vote

Posted by Struan Wight

Lisa Scott-Smith, Co-Head of Portfolio Investments, comments on market conditions following the European referendum

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British pound pummeled post-Brexit

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, discusses the impact to currencies of Britain's vote to leave the European Union with CNBC

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Fast Bank of England rate cut unlikely since Brexit is 'not a Lehman moment'

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, discusses the expected reaction of the Bank of England to the Brexit vote

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World stocks tumble as Britain votes for EU exit

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the prospect of central bank rate cuts and liquidity increases following the Brexit result.

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The pound could have a 'visceral reaction' to a Brexit, currency expert says

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, discusses the prospects of a Brexit for sterling with Michelle Caruso-Cabrera

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Markets brace for Brexit Friday

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, discusses the probability of a Brexit and the risk to global markets with Sara Eisen and Wilfred Frost

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Yen hits 3-year highs vs euro as Brexit worries mount

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, discusses the prospect of policy action at the forthcoming Bank of Japan meeting

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Dollar Holds at Two-Month High Versus Euro on Fed Speculation

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the prospect of a second Fed rate rise and how it is priced in the markets

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Market fears over sterling resurface ahead of Brexit vote

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the likelihood of Brexit and associated GBP option volatility

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Currency Trading's 20% Drop Raises Specter of Flash-Crash Future

Posted by Struan Wight

Mark Astley,Chief Executive of Millennium Global,comments on how currency trading volume has reacted to a changing market environment and banking conditions.

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Emerging Markets Get Surprise Lift

Posted by Struan Wight

Claire Dissaux, Head of Global Economics and Strategy, speaks to Carolyn Cui about the monetary easing cycle

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EM-brace the change

Posted by Struan Wight

A breathless rally in emerging market FX begs the obvious question: will it last? Claire Dissaux, Head of Global Economics and Strategy, tells Roger Blitz what will influence the rally and which parts of EM look more attractive than others.

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Dollar Weakens Amid Falling Yields and Rising Growth Fears

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on turbulent currency markets and eroding interest rate support for the US dollar

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Yuan’s Tumble Sends Tremors Through World Markets

Posted by Struan Wight

Claire Dissaux, Head of Global Economics and Strategy, discusses the chinese macro economic environment

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The case for active currency overlays

Posted by Struan Wight

Mark Astley, Chief Executive of Millennium Global, discusses the advantages of active vs. passive currency overlay management

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China floats renminbi boat (FT Podcast)

Posted by Struan Wight

Beijing has been letting its currency fall again. Richard Benson, Co-Head of Portfolio Investments, talks to Roger Blitz of the Financial Times about the implications, examines the impact of China’s economic rebalancing on commodity currencies and discusses how to fix central banks’ lines of miscommunication.

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Dollar Strengthens as Sturdy Jobs Report Points to Higher U.S. Rates

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the outlook of Fed Policy and the US dollar.

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ECB’s actions do not meet money manager expectations

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on central bank policy divergence

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Investors Forecast Weaker Yuan, Despite Inclusion in IMF Currency Basket

Posted by Struan Wight

Claire Dissaux comments on the inclusion of the yuan in the SDR basket.

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UK Currency Manager gets USD 3.5 billion inflows in 2015, launches hedge fund

Posted by Struan Wight

Reuters covers Millennium Global's recent growth in assets under management and the launch of the Millennium Global Currency Fund in November 2015.

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Bank of England keeps rate low; liftoff could be pushed back to 2017

Posted by Struan Wight

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Sweden’s central bank to increase government bond purchase program

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the expansion of Sweden’s quantitative easing program

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ECB signals it could extend and expand quantitative easing in December

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on Mario Draghi's dovishness at the ECB news conference and what this means for monetary policy in the near term.

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Higher Rates a Risk for Emerging Economy Debt Funding conditions could tighten just as growth is slowing

Posted by Struan Wight

Claire Dissaux, Head of Economics and Strategy, contributes views on the EM debt burden and the growth required for this to be sustainable.

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Emerging-Market Currencies: Things Look to Get Worse

Posted by Struan Wight

Claire Dissaux, Head of Economics and Strategy, comments on the ability of emerging markets to cope with external shocks

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Investors Flee Emerging Markets

Posted by Struan Wight

Claire Dissaux, Head of Economics and Strategy, contributes comment how Chinese monetary policy and economic growth could impact other emerging markets

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Weakness in Asia Batters Currencies Abroad

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, contributes comment on the relationship between the price of oil and the Canadian dollar.

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Unlucky Emerging Markets Don't Get Lift from Weak Currency

Posted by Struan Wight

Claire Dissaux, Head of Economics and Strategy, contributes to the discussion on emerging market currency weakness and export growth

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Putting a value on dollar appetite for U.S. pension executives

Posted by Struan Wight

Mark Astley, Chief Executive of Millennium Global, discusses how structural factors support a constructive view on the dollar over the medium term.

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Fund managers make the case for dedicated FX

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, talks to Euromoney about the benefits that different types of currency products offer investors.

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Managers Watching Greek Drama Unfold

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments

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Traditional currency correlations breaking down, warn observers

Posted by Struan Wight

A number of extreme market events in recent months, combined with ultra-loose monetary policy by the world’s leading central banks, have changed the relationships between many asset classes, including the euro, Swiss franc, yen and sterling.

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Investors hedging against Greece, but there's is no panic

Posted by Struan Wight

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Strong dollar knocks of $1 trillion from U.S pension assets

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, contributes comment on the peril of pension fund's that do not hedge currency risk.

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Dollar Falls in Q2 as U.S. Data Raise Doubts on Interest Rates

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, discusses the outlook for the US economy and the firm's US dollar exposure

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Euro Resilient Amid Greek Crisis

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments,comments on prospects for the Euro as the deadline for Greek debt negotiations approaches

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Investors stick to bets even as dollar and bonds slip

Posted by Struan Wight

Mark Astley, CEO of Millennium Global, comments on recent market moves

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Yield Hungry Investors are Re-fueling the Currencies Trading Market

Posted by Struan Wight

Commentary on Millennium Global’s growth in AUM and Chief Executive Officer, Mark Astley’s comment on value in different asset markets

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Mexican Peso Benefits from US Strength

Posted by Struan Wight

Claire Dissaux, Head of Global Economics and Strategy, provides comment on how structural reforms and fiscal policy in Mexico set the country apart from other emerging markets

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Few Signs of Electoral Angst as Sterling Hits 5-week High

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investment, speaks about the impact on sterling of different election outcomes

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Pension Funds Seek Shelter from Dollar’s Rise

Posted by Struan Wight

Discussion of the currency management requirements of US Pension Funds, with comment from Mark Astley on growth of firm AUM and solutions Millennium Global can provide pension clients

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Currency Hedging Up With the Dollar

Posted by Developer

Mark Astley, CEO of Millennium Global, contributes comments on investors’ challenges and a pick-up in interest in currency hedging.

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Brazil’s Struggles Hammer the Real

Posted by Struan Wight

Claire Dissaux, Global Head of Economics and Strategy, comments on economic problems and the improvements required in Brazil

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At Their Own Peril, SWF’s Continue to Ignore Currency Turmoil

Posted by Developer

Mark Astley contributes comment on international currency risk, dollar strength and the challenge to large global investors

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Euro Weakens After ECB Limits Direct Funding for Greek Banks

Posted by Struan Wight

Richard Benson, Co-Head of Portfolio Investments, comments on the extent of reforms required from Greece to satisfy European Partners

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Millennium Global’s Best Year Since 2003 as FX gets Bumpy

Posted by Developer

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The Myths and Realities of Currency Management

Posted by Developer

Foreign exchange risk is not something that can be ignored. Transcript of an Insights Breakfast Talk given by Mark Astley on January 15, 2015

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Millennium Global targets $20 billion AUM

Posted by Struan Wight

Coverage of Insights Series Breakfast, referencing growth prospects, product performance, market outlook and currency market myths and realities

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Bankers, Traders Scramble to Regroup After Swiss Move

Posted by Struan Wight

References Millennium Global’s immediate reaction to withdrawal of EUR floor by the SNB

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Dollar Storm Ends 10 Year FX Calm

Posted by Struan Wight

Discussion of the impact of USD volatility on institutional investors' portfolios. Lisa Scott-Smith, Co-Head of Portfolio Investments, comments on the importance of identifying and managing currency risk.

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