Illiquid investors increasingly hedging FX risk

Overlay Asset Management CIO HTlie dÆHautefort says his boutique currency shop is working on behalf of private equity investors. But how liquid, really, is FX?


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How will you alter your portfolio after the US election result?





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Underweight US
  16%
 
Overweight US
  42%
 
Underweight EMs
  6%
 
Raise cash levels
  20%
 
No change
  15%
TOTAL VOTES: 140
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December 2016/January 2017 Magazine
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