Paris, 20 October 2021: Independent institutional currency investment manager, Millennium Global announces the appointment of Katherina Duong-Bernet, CFA, as EU Head of Business Development. Duong-Bernet will be responsible for raising awareness of the Millennium Global brand and significantly expanding the company’s client-base in the EU. She will be based in Paris and report to Chief Executive Officer of Millennium Global (Europe) SAS, Alexandre Potin.
Prior to joining Millennium, Katherina Duong-Bernet was a portfolio manager in the Multi Asset space for liquid absolute return and portfolio protection strategies at Quoniam Asset Management GmbH in Frankfurt. Before, she spent seven years helping to build the quantitative asset management business as a portfolio manager for Metzler Asset Management GmbH, a German private bank. She started out in 2007 at Lehman Brothers Ltd in London as a structurer for hedge fund derivatives. Katherina Duong-Bernet holds a MSc from WHU – Otto Beisheim School of Management.
With a track record of over twenty-five years in currency investment management, Millennium Global offers a range of customised currency solutions for institutional investors globally, including risk mitigation, active management of existing currency risk, absolute return, advisory and execution services.
Alexandre Potin, CEO of Millennium Global (Europe) SAS, commented:
“We are very pleased to welcome Katherina to our team. Her deep knowledge of the European market will be tremendously helpful, both in building the quality of our coverage and in helping to tailor our range of products and services to the needs of investors. And her long experience of liquid absolute return UCITS comes at the right time with the recent launch of the Millennium Global Systematic Currency Fund.”
Katherina Duong-Bernet, EU Head of Business Development, said:
“I am delighted to be joining Millennium Global. Having followed the firm’s development for a number of years, I am impressed by the vision behind its highly institutionalised FX management capacity with one of the largest global teams of economists and investment specialists purely dedicated to Foreign Exchange. Over time, Millennium has built an excellent reputation in delivering consistently high quality, thoughtful currency management services to its clients. I am convinced that our focus, innovative ideas and rock-solid implementation capabilities will prove attractive for a broad European client base. From an Asset Allocation perspective, Foreign Exchange represents one of the most important building blocks of an investment portfolio next to Equity and Fixed Income, exhibiting much needed liquidity and diversification characteristics as a result of genuinely different return drivers. At this moment in time, where the world is at crossroads on several levels (macroeconomic and geopolitical), European investors will come to realize that instead of a secondary sideshow, professionally managed Foreign Exchange emerges as the decisive driver of investment success.”
About Millennium Global:
Founded in 1994 by current Chairman Michael Huttman, Millennium Global Investments Ltd is an independent institutional investment manager based in London specialising in currencies. The firm provides a global clientele with a range of currency management solutions including risk mitigation strategies, active management, absolute return products, advisory and execution services.
Millennium Global (Europe) SAS opened in 2019 in Paris to serve existing EU clients and to provide a platform for further developments across the EU. Millennium Global (Europe) SAS is an AIFM authorized and regulated by the AMF.