Currency management

Proactively managing currency risk.

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What is currency management?

When institutional investors make allocations to international assets, they are exposed to exchange rate fluctuations. That currency exposure can have a large impact on realised returns. Currency management uses currency hedging and absolute return strategies to minimise the risks of currency exposure and seeks to use currency factors as a source of diversified return.

We offer a comprehensive currency management strategy and resources with experience and expertise to help your organisation:

Reduce the operational burden of managing FX

 

Improve portfolio
risk-return profile

 

Lower
transaction costs

 

Our suite of customised currency management solutions

As a leading global currency manager, Russell Investments has deep experience meeting the needs of sophisticated institutional clients globally. Our highly knowledgeable currency specialists work alongside you to tailor a strategy that helps minimise the currency risk in your international portfolio. Supported by a disciplined and proven implementation framework, we execute using our dedicated foreign exchange (FX) trading as both an agent and fiduciary. We can help manage operational, counterparty, and settlement risk and deliver ongoing support and comprehensive performance reporting.

Why choose Russell Investments as your currency manager?

Holistic FX platform

Our pure agency trading platform enables meaningful netting and matching opportunities for efficient, cost-effective, and confidential trading. In 2023, we traded across 190+ currency pairs.

Dedicated currency expertise

Our currency team specialises in the design and execution of currency strategies tailored to the individual requirements of each client. The team manages over US$50 billion assets in currency strategies.

Disciplined end-to-end process

Supported by proven processes and robust infrastructure, our team builds guidelines according to your unique requirements maintaining ongoing monitoring and detailed transparent reporting to underlying performance. Reduce your operational burden and gain peace of mind.

$3.5T

Assets traded in 2023

100+

tradable markets

23 traders

all specialising by asset class and instrument

18.5

trading specialist average years of experience

Russell Investments, data as of 31 December 2023. Currency is in AUD.

Russell Investments has been globally recognised for excellence in the investment industry.

We have a proven track record in investment implementation, with scale, client satisfaction, innovative solutions and more than 40 years of experience.

Russell Investments was named the "Factor Investing Offering of the Year" winner at the 2024 European Pensions Awards. The judges praised Russell Investments for its passion and expertise in the factor investing space, as well as its performance and innovation.

In 2023, Russell Investments was globally ranked as one of the top 10 largest managers of factor-based strategies. This ranking is based on worldwide assets under management (AUM) from 58 firms (as of December 31, 2022) in the 2023 Pensions & Investments’ (P&I) "Special Report: Money Managers." In 2024, P&I eliminated this question from their survey.

Pensions & Investments Overlay Services Manager Award

For 20 consecutive years, Russell Investments has maintained its position among the leading U.S. institutional managers of overlay assets from 24 firms (as of December 31, 2023) in the 2024 Pensions & Investments' “Special Report: Money Managers."

Russell Investments was ranked first in multiple categories in The TRADE’s inaugural “Outsourced Trading Survey” published November 2023 (out of 14 providers), receiving four perfect scores in: Client service and relationship management; Onboarding; Business model and other factors; and Cost versus value for money.1

1 Source: The TRADE. (2023, November). “The Outsourced Trading Handbook 2023: Outsourced Trading Survey” Issue 77 Supplement, p.27.

2 Based on business activities ending December 31, 2021. Recipient winners were invited to the publication’s awards ceremony, in which we purchased an event table and received licensing usage rights of the award logo/badge.

We paid the following publications a fee for licensing usage rights of the award logo/badge: Pensions & Investments (P&I), and THE TRADE.

RUSSELL RESEARCH

Insights and research from our key thought leaders

Implementation resources

QUARTERLY
Trading
Report

Q2 2024: A rising tide doesn’t always lift all boats

MANAGING EXPOSURES
Knowledge Exchange

How exposed are you? When it comes to risk management, we've got you covered.

INSTITUTIONAL
Trading
Calendar

Identify which days in the year have greater potential for elevated risk or reduced market liquidity.

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Richard Coia

Richard Coia

Director, Large Markets