Neil Record
- Special Report
Currency: The future (or not) of the euro
A strategically-placed relative has left Neil Record with the lowdown on how the euro crisis is perceived at the top table of European politics. Here’s what he learned
- Features
How independent is the Old Lady?
Neil Record worries that the Bank of England’s bias towards low rates correlates with a political imperative to inflate away public and financial sector debts. So is monetary policy now controlled by Whitehall, rather than Threadneedle Street?
- Features
Currency risk out of the closet
Many may not be familiar with the concept of a ‘currency benchmark’. It results from the explicit recognition of currency risk in a portfolio, and, for example, might be ‘World ex UK equities 100% hedged’. The ‘100% hedged’ is the key point here: the process of choosing benchmarks is in ...
