Stuart Simmons: Currency management, reflexivity and the next regime change

Despite an increasing willingness to invest globally, asset owners typically run static hedge ratios on their portfolios to manage currency risk. But is this a big mistake? The Australian dollar fell 1450 basis points from 1 January 2020 to 20 March, and has subsequently rallied 900 basis points.

View Stuart’s presentation slides here


  • Stuart Simmons, senior portfolio manager, QIC
  • Moderator: Alex Proimos, head of institutional content, Investment Magazine

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