Institutional investors

Foreign exchange policy oversight: Where is it? August 2011 Cynthia Steer Managing Director, Investment Strategy & Consulting Over the past month, global markets have reacted with concern and volatility to perceptions of rising, global risk. Whether it is sovereign risk or concerns about global growth, markets have been fearful and unsettled. Foreign exchange markets have been affected no differently. However, investors are more aware of the currency components in their portfolios than possibly any time in the last 20 years. But are they prepared from a policy perspective? This short note attempts to summarize some of the questions we should be asking about the role of currency in our portfolios. It addresses some basic questions we, as an industry, have not yet answered and argues that maybe is now the time to respond. Download Research For more information about our research, please contact David or Gerry:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Date of first use: August 2011 USI-10663			Printer friendly version of this page