Transforming Currency Exposure Through an Active Currency Overlay

Currency Overlay: a critical strategy that all international investors should adopt

Currency Overlay: a critical strategy that all international investors should adopt

Chapter 7 of our Comprehensive Guide to Currency Issues for Institutional Investors

Currency exposure is inherent in all international investment portfolios.

If it is not managed, this exposure may have random outcomes that can be damaging to the risk and return profile of these portfolios.

An Active Currency Overlay separates the management of currency exposures from that of international assets.

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This piece of content contains the views and opinions of Mark Astley, Co-CEO of Millennium Global Investments and does not necessarily represent the views and opinions of Millennium Global or any of its Portfolio Managers. This information is intended for Professional Clients only, not target retail clients. This information does not constitute an offer to buy or a solicitation of an offer to sell and does not constitute an offer or solicitation in any jurisdiction in which such a solicitation is unlawful or to any person to whom it is unlawful. Important disclaimers: https://investments.millenniumglobal.com/millennium-global-marketing-disclaimers

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