UK - New York-based currency manager FX Concepts has been mandated by the £900m Kodak Pension Plan to run £380m in currency overlay from December 1, 2001.
The GBP-based currency overlay program hedges an MSCI-like portfolio back to a 50%-hedged GBP benchmark. In 1987, the Eastman Kodak pension fund awarded FX Concepts a mandate to manage the currenc...
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