«We take an unconstrained investment approach with dynamic sector rotation,
active currency management, security selection and relative value positioning, while aiming to manage risks such as duration.»
Our investment process leverages the in - depth knowledge of our experienced fixed income teams globally and our approach with dynamic sector rotation,
active currency management, security selection and relative value positioning, while aiming to manage risks such as duration.»
The portfolio may also utilize
active currency management in both developed and emerging currencies for the generation of alpha and diversification of risk.
Active currency management, in particular, is critical.
Not exact matches
Prior to joining the GEBS team, Mr. Schneider worked as a portfolio manager in SSGA's
Currency Management Group, managing both active currency selection and traditional passive hedging overlay por
Currency Management Group, managing both
active currency selection and traditional passive hedging overlay por
currency selection and traditional passive hedging overlay portfolios.
For all you so - called passive investors, you have to know that
currency hedging is
active management, the stuff that you all claim is not supposed to work.
Let me state that again: the
currency hedge is NOT
active management — it is pure risk
management (you are reducing the beta of the portfolio for a Canadian investor).
For the unhedged fund,
currency exposure is typically unhedged however
currency derivatives may be used with equity index futures in managing cash flows or to manage
active currency positions relative to the benchmark for risk
management purposes.
Trying to hedge tactically, by predicting
currency movements, is a form of
active management which you would expect to increase your risks, costs, and taxes.
the popularity of
currency hedging in the past 10 years simply reflects performance chasing of the
currency — there is nothing «passive» about this — it is
active management, but at its worst
In 2014, he penned a Financial Times op - ed in which he called bitcoin the «tulip of the 21st century» and said that no
currency could succeed without
active management from a central bank.