Crisis sparks rise in active hedging

ZURICH – The financial crisis has sparked interest in active currency management above passive overlay strategies, said delegates at the FX Invest Europe congress in Zurich last Tuesday (March 9).

Charles Goodman, head of institutional sales at Geneva-based La Compagnie Benjamin de Rothschild, said investors' attitudes to foreign exchange are changing in the aftermath of the crisis.

He said, following 2008, corporate clients and traditional fund managers are much more concerned about cashflows.

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