Currency risk is unavoidable for institutional investors looking to diversify their portfolios internationally and access new opportunities and return streams. Currency exposure significantly impacts an international portfolio's performance, and it’s essential to understand how to manage that risk.
A Comprehensive Guide to Currency for Institutional Investors has been written to help address this issue. Over 10 chapters, it covers everything from the basics of foreign exchange markets and approaches to managing currency exposure to the practicalities of implementing a managed currency programme.
Whether you’re just starting to invest in foreign assets or are already an experienced investor, this book will help you navigate the world of currencies with increased confidence.
About Mark Astley
Mark Astley is Co-Chief Executive Officer and a member of the Board of Directors. The Business Development and Client Service, Finance and Market Risk functions report to him. Mark joined Millennium in 2002 and was appointed to the Board of Directors in 2008. Mark began his career in Shroders Investment Management in a research role and then managed portfolios in equity, fixed income and foreign exchange in Shroders' London, Hong Kong and New York businesses. Latterly, Mark was responsible for macro strategy in Shroders' USD 3 billion multi-currency fixed income business.
Mark Astley has a BSc in Banking and Finance from Loughborough University.