Barclays Wealth and Investment Management Monaco recently hosted a client breakfast to discuss Foreign Exchange (FX) markets.
Around 60 clients met at the Fairmont Monte-Carlo Hotel, Salle D’Or II, to listen to the three presenters including Henk Potts (Director – Global Research and Investments), Arnaud Caussin (Head of Global Investments and Solutions Monaco) and Stefano Mascoli (Head of FX Advisory & Execution Monaco).
Gerald Mathieu, Managing Director, Head of International Private-Banking, opened the breakfast event with an introduction to FX markets and Barclays’ capabilities in this area. “Discussions around investment management are often heavily focused on Equities or Fixed income but we’d like to point out some opportunities in FX markets; whether it is to hedge and protect your portfolio or as investments – and Barclays has strong capabilities in this area.”
The speakers then gave their analysis of recent developments in the FX markets and shared examples of investment solutions to illustrate the value of FX as an asset class during periods of volatility in financial markets and the global economy.
Henk Potts also covered several wider economic issues including the UK economy following the Brexit vote and the expected Federal Reserve rate hike. Mr Potts said, “There is uncertainty around the implications of ‘Brexit’ but we still expect risk assets to perform over a long period of time so volatility is perhaps the price you pay for the outperformance but there are ways to position yourself to take advantage of some of this volatility.”
Article first published November 14, 2016.