Seeking a better benchmark for currency manager performance

Although opportunities for institutional and individual investors to access currency as an asset class are increasing rapidly, the tools many rely on to measure the performance of their currency exposure may not be up to the job. This is the complaint, at least, of several advisers, investors and consultants who say the industry needs better currency manager benchmarks to support its remarkable growth.

Some say existing FX manager indexes have methodological problems flowing either from the data