Currency managers
Best FX overlay manager: State Street
In the most challenging market environment in many years, demand for State Street’s currency management offering spiked in 2022 as market participants sought assistance in minimising their FX risk and optimising their hedging activities
Record brings ESG into currency management
Specialist currency manager develops database and methods for improving ESG credentials of its product
Record’s Wood-Collins: more disclosures needed
The UK-based currency manager’s chief says some asset managers appear to use only one counterparty for FX trading
Record wins Sunsuper mandate
UK-based specialist currency manager gets AS$350m mandate as part of multi-strategy product
Millennium to lose Lisa Scott-Smith
The co-head of portfolio investments and currency team manager at Millennium Global is set to leave in early March
Mesirow commits to FX Global Code
Currency managers sign formal statement of commitment to the principles of good behaviour
Binny replaces Crownover as SSGA FX head
Collin Crownover has been appointed global head of Ficc multi-sector solutions, leading a newly created team
Goodman joins Millennium Global
Charles Goodman joins the currency management specialist as head of business development to expand its Emea clientele
FX Week Australia 2017 – in pictures
The premier conference for FX market participants in Australia and Asia-Pacific took place on March 23 in Sydney
Banks have huge opportunity to capitalise on balance sheets
Several banks have started to push into the currency management and overlay space to challenge incumbents
Currency managers report pick-up in investor interest
Buy-side firms are starting to see some opportunities following a decoupling of central bank policy that has in turn sparked client interest in FX markets
ACT hires UBS's Meyer to run structured products venture
ACT Currency Partner continues its expansion with the launch of an FX structured products offering, managed by a veteran of UBS
FX Concepts pays price for not adapting strategy
Bankruptcy of the currency management firm is due to its failure to react to new market realities, say competitors and insiders
FX Concepts teeters as clients exit and AUM plummets
Assets under management at FX Concepts have continued to fall and the fund's chief strategist confirms the board's ideas haven't worked so far
Host Capital taps Citi index for retail-focussed currency fund
New UK-regulated fund will invest in Citi's Carry & Value index to provide exposure to G-10 and emerging market currencies
Currency managers caught out by dollar rise against EM currencies
Immediate future of emerging market currencies in the hands of the Federal Reserve amid QE tapering expectations
Volcker rule is driving reluctance to hold risk, warn currency managers
US banks are holding less risk as they prepare for the requirements of the Volcker rule, leading to more short-term volatility and less liquidity in some currencies
RBS's Ahmad joins JPMorgan Asset Management in emerging markets debt and currencies
Appointment signals demand for investments in emerging markets debt and currencies
Currency managers up in December
Index of 43 managers makes minor gains as political uncertainties and accommodative pro-growth monetary policies drove FX trends
FX Invest latest edition now available
Read the about the latest developments in forex and cash management; alpha vs beta in currency; the true value of high-frequency trading and the challenges facing the emerging markets
A reality check for emerging markets
Are things a little too good to be true in emerging markets? SLJ Partners’ Stephen Jen thinks so, and warns that healthy GDP figures are not telling the whole story of what lies beneath. Saima Farooqi reports