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At Record, we are all involved in currency management: it’s what Record is in business to do. We operate from a single office in Windsor, UK and are one of the largest independently owned specialist currency management firms in terms of assets/exposures under management. Directors and staff have a majority interest in the firm and as a result we are a long established, stable team.
Record was founded in 1983 by Neil Record, a former Bank of England economist and commodity and currency manager at Mars UK, to provide specialist currency management to institutions and corporations. Pension plans and other institutional investors now form the majority of our clients. We have clients in the USA, Canada, UK and continental Europe.
Currency is what we do, and what we have always done. Over 99% of our firm's revenue (in the year to March 2009) was generated through currency investment management mandates and we expect this to remain the firm's largest source of revenue going forward.
Foundations of our business
| Our growth and success are founded on three key elements:
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Experience We are currency specialists and have been focused on this activity for over 25 years. We work with corporations and pension funds to enhance their returns and/or to manage their risks. |
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Stability & alignment With the majority of the business owned by directors and staff, we are a highly stable team. At all levels, our staff turnover is low: we work hard to find and to retain the right people, who are committed to our common goals: the continued success of our clients and, as a consequence, of our business. |
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Process Our investment process has a 25+ year track record of return generation and/or risk reduction. Key elements of Record's investment processes have operated through the full range of market conditions that have arisen since our inception in 1983 and we have maintained the consistency of this process throughout. |
Record Currency Management Limited is authorised and regulated by the Financial Services Authority (FSA) in the UK and is registered with the SEC in the US as an investment advisor under the Investment Advisors Act of 1940 (registered in 1994).
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