Active Currency: The “Forgotten” Alpha
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Active Never Rests: Discover how active is more than just an investment approach at: https://williamblair.com/active
DISCLOSURE
Filmed September 2018
The views and opinions expressed herein are those of the speakers as of the date of publication, are subject to change without notice as economic and market conditions dictate, and may not reflect the views and opinions of other investment teams within William Blair. Factual information has been obtained from sources we believe to be reliable, but its accuracy, completeness, or interpretation cannot be guaranteed. This material may include estimates, outlooks, projections, and other forward-looking statements. Due to a variety of factors, actual events may differ significantly from those presented.
This video has been provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular strategy or investment product, or as an offer to buy or sell any securities or related financial instruments in any jurisdiction. Investment advice and recommendations can be provided only after careful consideration of an investor’s objectives, guidelines, and restrictions.
Investing involves risks, including the possible loss of principal. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Currency transactions are affected by fluctuations in exchange rates; currency exchange rates may fluctuate significantly over short periods of time. Diversification does not ensure against loss. Any investment or strategy mentioned herein may not be suitable for every investor.
Past performance is not indicative of future results. Charts or graphs referenced herein are provided for illustrative purposes only and are not indicative of the past or future performance of any William Blair product or strategy. Half-life is a statistical measure of the time required for the discrepancy between price and value to contract by half of its starting value. Half-life reversion to value is shown based on a 40-year observation period ended April 2014. Fundamental value estimates are based on the Dynamic Allocation Strategies team’s proprietary research.
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