Strategies & Capabilities

Currency Management The Exposure You Can’t Afford to Overlook

We understand the power of effective currency management to reduce risk and drive returns. Our rigorous, research-driven approach takes no shortcuts in unlocking the value of currency management.

Deeply Committed to Currency Management

At a time when many asset managers are pulling back from the asset class, we continue to expand our industry-leading capabilities in currency management.

$169B

AUM across 11 base currencies ¹

340+

Client accounts globally. ¹

30+ Yrs

industry’s first currency management team ¹

Why Investors Choose Us

With one of the industry’s deepest and most experienced currency management teams, we are committed to providing leadership at the crossroads of global asset flows.

Broad Capabilities

Investment solutions across objectives (risk mitigation vs. return-seeking) and styles (passive vs. active)
Deep expertise across regions, including emerging markets

Objective Thinking

Breadth provides objectivity that specialists cannot offer
Focus on determining the optimal approach for each currency and phase of the economic cycle

Innovative Solutions

Access to real-time market data fuels research into new solutions
Work closely with clients to develop strategies, approaches and tools that are tailored to their objectives and regulatory requirements
Strategies that provide efficient exposure to emerging markets

Scale and Stability

Global Systematically Important Financial Institution (G-SIFI)
Third-largest asset manager in terms of AUM
Robust infrastructure and risk controls
Early signatory of the FX Global Code

Efficient, Reliable Execution

232,000+ FX trades totaling $1.6T in market value in 2021¹
15 banks in our panel of counterparties
24-hour trading capabilities

Our Currency Strategies

Across developed and emerging markets, we have the solutions clients need to manage currency risk and harness it as a tool for shaping portfolios to support their strategic objectives.

Investment Style	Primary Investment Goal
Investment Style	Reduced Risk	Increase Returns
Passive	Static Passive Hedging Deliberately achieve the desired level of currency exposure	Currency Factor Systematic currency style indices Long-run return
Active	Dynamic Strategic Hedging Variable hedge ratio considers risk of each currency individually risk-management focus	Absolute Return Currency Multi-strategy, multi-horizon approach Maximize return

Return increase and risk reduction are targets of our offerings and are based on the estimates and assumptions made by State Street Global Advisors. There is no guaranteee that those estimates will be achieved.