Pension Fund

Our experience with pension funds dates back to our entering into the world's first stand-alone currency hedging mandate in 1985, for a UK utility pension fund.  Since then currency Hedging has consistently been an important risk management approach for pension funds to consider, since pensions are almost always paid in only one currency, and investments are increasingly global in nature.

We are also confident that our approach to Currency for Return opportunities, and in particular our focus on the identification of rewarded 'currency risk premia', lends itself well to the disciplined pursuit of rewarded risk that pension funds embody.

Pension funds are also significant users of the foreign exchange markets in 'ordinary course' transactions, whether in respect of portfolio realignments, transitions, or dividend repatriation.  Since 2001 our currency audit services within FX Solutions have offered a well-established mechanism by which investors can reliably check the execution of transactions on their behalf over time, to determine whether and to what extent they are suffering from consistently adverse pricing.  FX execution services may then offer a solution going forward.

To download the Quarterly Record - a flyer containing recent news, market commentary and performance updates - please click here.

Currency for Return for Pension Fund click here to view more

Hedging for Pension Fund click here to view more

FX Solutions for Pension Fund click here to view more

Important Information

The information contained on the pages of this website should not be considered as an offer, or solicitation, to deal in any of the investments or funds mentioned herein, by anyone in any jurisdiction in which such offer or solicitation would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.

The funds mentioned on this website are not registered under the United States Securities Act of 1933, nor the United States Investment Company Act of 1940 and therefore may not directly or indirectly be offered or sold in the United States of America or any of its states, territories, possessions or other areas subject to its jurisdiction or to or for the benefit of a United States Person.

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Past performance is not a guide to the future. Market and exchange rate movements may cause the capital value of investments, and the income from them, to go down as well as up and the investor may not get back the amount originally invested. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. You should obtain specific professional advice before making any investment decision. Shares in the funds described here are not available for sale in any jurisdiction in which such a sale would be prohibited. Accordingly the information on this website is not available for distribution in any jurisdiction where such fund has not been approved for sale. Subscriptions for investment in any fund mentioned on the website may only be made on the basis of the relevant prospectus and most recent annual financial statements.

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