A Currency Alpha or Absolute Return strategy aims to deliver attractive uncorrelated returns by actively trading an unconstrained portfolio of currencies, as well as diversifying effects through low correlation with traditional asset classes.

Absolute return programmes can be adapted to specific investor needs by scaling volatility targets, changing the currency universe and using various risk control mechanisms.

Le marché des changes est très liquide, avec des volumes quotidiens bien supérieurs à ceux des marchés d'actions et d’obligations, et les positions peuvent être liquidées rapidement si nécessaire.

 

Keywords:  absolute return, absolute return strategy, alpha strategy, currency alpha, uncorrelated returns.

Currency management guide