Record Currency Management offers investment advice and implementation services, focusing on currency risk management. They manage currency mandates through separately managed accounts and funds, offering passive, dynamic, and signal currency hedging, as well as FX alpha strategies. They also provide ancillary services like cash management, currency execution, and currency audits.
Fees for FX Alpha, passive, and dynamic hedging consist of either a management fee based on the gross value of currency positions managed or a lower management fee with an additional performance fee charged on returns above an agreed benchmark. Fees vary based on complexity, mandate size, gearing, and return target. Clients may also be subject to custodian and prime broker fees.