Industry Veteran Lipschutz Sees Historical Opportunities In FX
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- 3/8/11 - Hathersage Capital Among FXSelect Top Five Performers in 2010
- 2/21/08 - Hathersage is FXSelect 2007 Top Performing Manager Program
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- 4/3/06 - Industry Veteran Lipschutz Sees Historical Opportunities In FX
Key Drivers for Increasing Global Allocations
New York, NY – April 3, 2006 - Bill Lipschutz, portfolio manager for Hathersage Capital Management, and 25-year market veteran, today cited the current FX environment as the most favorable he has ever seen -- in terms of investment opportunities and pools of capital that are now investing in currency markets.
“A spotlight has been shone on FX, as institutional investors begin to appreciate the benefits that FX can provide to a diversified portfolio,” said Mr. Lipschutz. “With sophisticated investors looking to allocate to active currency management strategies, the experienced and proven participants in this field stand to benefit greatly.”
Foreign exchange investment strategies are becoming increasingly popular vehicles for generating alpha as currencies become accepted as a distinct asset class and as institutional investors move beyond currency overlay and seek exposure to active currency management as part of their overall investment mandate.
Lynnelle Jones, Director of Business Development and Client Services at Hathersage said the increased interest from leading investment consultants is driving investor demand.
“The investment community is getting a better grasp on the importance of having exposure to FX,” said Ms. Jones. “With this interest comes a need for education to understand the multiple styles and manager choices that are available. Active currency management is different from currency overlay, and the skill in reducing risk is different from the skill in managing risk.”
Ms. Jones added that investors should seek practitioners who provide consistent absolute returns and stressed that many active currency managers have made money in the last two years, contrary to industry reports.
