Warning 'misconceptions' of currency hedging will be the next industry scandal as FCA 'turns blind-eye'
Sterling rally a major risk
Currency hedging
Industry commentators have warned the majority of independent financial advisers (IFAs) and wealth managers have failed to hedge their foreign currency holdings into sterling, meaning a rally in the pound could wipe out returns.
In a further warning, they said unknowing investors in safe-haven assets such as global bond funds will be hardest hit by a sterling rally, as bonds are most affected by currency movements. In 2016,...
More News
Fundsmith hires IFA sales director
Moves from Franklin Templeton
Tilney eyes £45bn wealth business with S&W tie-up
'Exclusive discussions'
Woodford profits from unquoted Ultrahaptics sale - reports
Private equity firm buys stock
Global dividend payments almost double over decade
Payments from listed companies hit $513.8bn in Q2
Tribunal forces FCA U-turn on ex-Barclays Wealth boss ban
Case finds 'no misconduct' within Tinney's dealings
Back to Top