In organisational terms there isn’t a stone unturned at University of Toronto Asset Management (UTAM). The organisation has a new board, new staff, new risk and reporting systems and has restructured its portfolios, including a new policy portfolio. Where previously the assets were managed in a traditional method, with public market assets and alternatives allocated […]
Amanda WhiteJune 14, 2013
Investors should reconsider their currency hedging strategies as an undervalued US dollar is predicted to strengthen according to Colin Crownover, State Street Global Advisors global head of currency management. The US dollar is as much as 10 per cent undervalued relative to other major currencies, says Crownover, who also forecasts that the economic-growth gap between […]
SAM RILEYJune 27, 2012
Ron Liesching, chairman of Mountain Pacific Group, an investment firm that contributed to the development of the FTSE Wealth Preservation Unit, examines a new solution to managing currency risk. Global investors struggle with one central issue, currency risk. Now there is a new solution: the FTSE Wealth Preservation Unit (WPU). The WPU is a diversified […]
Ron LieschingFebruary 29, 2012
Russia’s central bank, which has $558.4 billion in foreign exchange reserves, has appointed National Australia Bank to manage up to 1 per cent, or $5.58 billion, of its assets in Australian cash instruments.
SIMON MUMMEOctober 26, 2011
This article by Momtchil Pojarliev and Richard Levich proposes a methodology to measure crowded trades and applies it to currency managers. According to the authors, this methodology offers useful insights regarding the popularity of certain trades among hedge funds and provides regulators with another tool for monitoring markets.
Amanda WhiteJanuary 25, 2011
The A$25 billion ($21 billion) UniSuper is revolutionising its $4 billion international equities portfolio, terminating every active developed markets manager in favour of passively tracking the MSCI World, while alpha is sought among specialist regional and sectoral managers, with a listed technology mandate to be first cab off the rank. The chief investment officer of […]
MICHAEL BAILEYJuly 20, 2010