GLOBAL - Currency overlay manager FX Concepts has expanded and deepened its commitment to Australia and New Zealand by setting up ties with Australia's Sovereign Investment Research headquartered in Melbourne.
Sovereign will provide marketing and client focused research support to FX Concepts’ operations. Philip Simotas, president of FX Concepts, said: “Currency shifts have significantly impacted the performance of most portfolios, especially those of superannuation funds.
“Sovereign has an excellent understanding of the issues involved in making currency based decisions.”
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