More UK fund managers say they’ve paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey results by software provider, MillTechFX.
This year, 88 per cent of UK fund managers said they decided to hedge their investments against currency risk, up from 75 per cent last year, because of increased volatility, according to a survey of 250 UK asset managers.
Most said