White Papers

Making the case for active currency management for institutional investors

Author(s): Karl C. Mergenthaler, CFA, J.P. Morgan Worldwide Securities Services

Publish date: October 2009

Summary: As the scramble by institutional investors to find uncorrelated sources of alpha continues, the author suggests that active currency management may be a compelling proposition for three main reasons: market dynamics, consistent returns and diversification. This paper provides a thorough examination of the potential that active currency management has in institutional porfolios as well as some dos and don'ts for investors.

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Emerging Markets Webcast

Tuesday, November 9, 2009

Cynthia Steer of Rogers Casey and George Hoguet from SSGA discuss the new asset class of choice - Emerging Markets

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Join Northern Trust experts in a conversation about monitoring and managing alternative asset risk in the context of today's market volatility and challenging liquidity environment.

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December 2, 2009 - 2:00 pm - 3:00 pm EST

Securities lending has emerged from the credit crisis with renewed focus on transparency and risk. Following increased review by regulators, the industry is preparing for further changes.

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Face to Face

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Working the angles: Face to face with Roger Gray

The new CIO of USS discusses his plan to boost the pension fund's allocation to hedge funds and other alternative investments, taking cash out of public equities to fund the move to a "more liability-aware stance and a more diversified asset allocation."

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