We are an independent currency management specialist delivering innovative, customized solutions to institutions globally.
For institutional investors
In currency assets under management*
Increase in AUM since 2017*
Years providing custom FX solutions*
“As more money is allocated overseas, investors are evaluating their exposure to foreign exchange risk and looking for custom currency management solutions from an experienced and independent firm.”
Joseph Hoffman, CEO, Mesirow Currency Management
Custom currency strategies
Our currency solutions are calibrated to strike a balance between risk and reward while remaining free from conflicts of interests associated with bank affiliated organizations or publicly-held firms.Watch video
Explore topical perspectives
Our latest insights on trends and opportunities taking place in the currency markets.Insights library
Shielding your investment
Uto Shinohara outlines benefits of active currency hedging for European investors.
2023 Currency Outlook
Delicate relationship between tightening and recession hangs in balance in 2023
Get it wholesale
Foreign exchange trades settle two days after trading. Could they settle in 30 seconds? This article explores foreign exchange settlement risk and potential enhancements to the process, including wider adoption of payment versus payment systems and central bank digital currencies.
UN PRI SignatoryExplore sustainability
Global FX code of conductPress release
Member FXPAPress release
A Currency Guide for Institutional Investors
The impact currency has from the perspective of risk providers & return generators.
Featured on MoneyAge's Podcast
Richard Turner and Mike Emambakhsh talk about their work with Machine Learning.
Mesirow Named Currency Manager of the Year for the Third Consecutive Year
Recognized for achievement in the UK/European institutional asset management space
Our quarterly email featuring insights on markets, sectors and investing in what matters
*Data as of 03.31.2022 unless otherwise noted. Currency assets under management includes AUM associated with (i) active and passive currency risk management products $134.91 billion, (ii) non-fx overlay strategies such as equitization and beta overlays $730.90 million, and (iii) alpha strategies $32,888,890. In all such cases, AUM is calculated based on notional value of currency investments. Additionally, AUM for alpha strategies is adjusted because clients can select a volatility target (generally between 2% and 12% annualized), which is normalized to 2% in order to create a consistent depiction of alpha strategy AUM. This results in a “scaled” AUM, which is higher than the actual aggregate notional value of all alpha strategy portfolios if clients have selected a volatility target higher than 2%. As of 03.31.2023, the “unscaled” AUM for alpha strategies was $5,930,048.
The information contained herein should not be construed as a recommendation to purchase or sell any particular security or investment vehicle offered by Mesirow . The information included has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. Mesirow Financial Investment Management, Inc. and its affiliated companies and/or individuals may, from time to time, own, have long or short positions in, or options on, or act as a market maker in, any securities discussed herein and may also perform financial advisory or investment banking services for those companies.
It should not be assumed that any recommendations incorporated herein will be profitable or will equal past performance. Any stated performance results include the reinvestment of dividends and other earnings. Investment management services offered by Mesirow Financial Investment Management, Inc., an SEC-registered investment advisor.