Kate Jaquet provides an overview of Seafarer’s proprietary macro currency model, which is utilized to manage currency risks within the construct of a diversified portfolio of foreign securities. The currency model is the topic of a commentary written by Andrew Foster and Kate Jaquet.
- Kate Jaquet, Co-Portfolio Manager
To address the issue of currency risk facing Seafarer’s portfolios, we created a model which aims to identify currencies that may be at elevated risk for a material negative event in the next three years. The outputs of our macro currency model are used as the basis for “risk budgets” that constrain our portfolios’ construction per currency.
- The views and information discussed in this video are as of the date of publication, are subject to change, and may not reflect Seafarer’s current views. The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities or any sectors mentioned herein. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Seafarer does not accept any liability for losses either direct or consequential caused by the use of this information.