Episode Details

Institutional investment portfolios have become increasingly international over the past decade, with one unintentional consequence of this being that FX exposures have similarly increased. As Momtchil Pojarliev, Head of Currencies at BNP Paribas Asset Management, explains, the key question then becomes: how should these investors be managing this risk? In this episode Pojarliev evaluates some of the different currency hedging strategies available to institutional investors and highlights some of the key challenges they face in attempting to implement an effective currency management policy.