Currency Management in a World of Uncertainty

     

    September 2017


    Active currency strategies can generate positive real returns that are uncorrelated to traditional asset classes, yet they are underutilized and often misunderstood.


    Contrary to conventional wisdom, currencies exhibit strong fundamental value reversion—stronger, in fact, than equity or bond markets—but a fundamental valuation framework must be married with additional investment disciplines, such as game theory, to pursue superior investment results.


    In this webcast, Thomas Clarke, a portfolio manager on William Blair’s Dynamic Allocation Strategies (DAS) team, will explain the fundamental drivers of exchange rates and discuss the macro-thematic and geopolitical forces influencing opportunities in currency markets today.

     

    Listen to the webcast

     

     

    DISCLOSURE


    Statements and opinions expressed are those of the Thomas Clarke as of September 20, 2017, are subject to change without notice as economic and market conditions dictate, and may not reflect the opinions of other investment teams within William Blair Investment Management, LLC or the investment management division of William Blair & Company, L.L.C.  Factual information has been taken from sources we believe to be reliable, but its accuracy, completeness or interpretation cannot be guaranteed. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be interpreted as investment advice, as an offer or solicitation, nor as the purchase or sale of any financial instrument. Data shown does not represent the performance or characteristics of any William Blair product or strategy. Any investment or strategy mentioned herein may not be suitable for every investor. Past performance is not indicative of future results. Not all securities held in any William Blair strategy portfolio performed as favorably as those discussed, and there is no guarantee that these or other securities will perform favorably in the future. Investments are subject to market risk.