Investment Management Commentary – December 1, 2015
Since the financial crisis, unorthodox policies — with central banks trying to outdo the effects of one another by plunging into a subterranean universe of quantitative easing and negative interest rates — have driven currency volatility much higher. Welcome to the new, hyper-globalized world: heightened volatility in global currencies are producing outsized impacts on client portfolio returns. Expect this to continue.
Tyler Mordy (CIO) reviews our active currency approach and comments on this week’s IMF decision confirming China’s Renminbi as a major world reserve currency.
Tyler Mordy, President and CIO
A recognized leader in the design and application of “global macro” ETF portfolios.
This post was written by mstockburn