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Record Currency Management is a leading currency management firm managing $29.5 billion, at 30 June 2010, for clients in the UK, Europe and North America*. Record was founded in 1983 by Neil Record, an ex Bank of England economist, and has been providing specialist currency management services ever since. Services include currency for return strategies via either currency funds or segregated accounts, dynamic and passive hedging.
Record Currency Management is a subsidiary of Record plc, which is a listed company with significant employee ownership.
*Record’s assets under management are generally unfunded, and are calculated as follows: Passive - the volume of passive hedges managed; Dynamic Hedging - the maximum value of dynamically managed hedges that may be in place at any given time; Currency for return - mandate sizes scaled to an expected 4% tracking error. |