Currency Overlay

Mesirow Financial Currency Management (MFCM) has a proven currency management process that is designed to reduce risk and enhance returns from international investments.

International investors are subject to currency risk as well as market risk. Currency risk adds volatility with no expected value: it is uncompensated risk. MFCM's currency overlay provides a solution.

Proven Investment Process
Over the past 18 years, MFCM has adhered to a systematic process to successfully manage currency risk for institutions and corporations around the world.

Customized Risk Management
MFCM customizes each currency overlay program to match the client's unique combination of currencies, benchmarks and risk appetite.

Asymmetrical Returns
Clients have an asymmetrical view of risk: they wish to be protected from currency losses, but not from currency profits. MFCM's process is designed to match that risk profile, by limiting both the size and frequency of currency losses while allowing currency gains to pass through.

Over time, MFCM's currency overlay process reduces volatility due to currency movements, protects against the downside and helps capture portfolio gains from currency strength.

Experienced, Professional Management
MFCM's principals each boast over a decade of experience in the currency markets. This ensures accurate, efficient management of the systematic program's mandated transactions.