The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX: Indices point to the future

This story was first published on theweeklyFiX, for more details please click here

There is a group of investors who don’t feel comfortable unless there’s a benchmark to use. So clearly there’s a need for indices that measure movements in FX.

FTSE has joined with Record to create what it describes as a new range of innovative currency forward rate bias (FRB) indices to provide investors with a passively managed and transparent benchmark for currency FRB returns, used for portfolio construction, index-tracking and benchmarking.

Meanwhile, MSCI says its FX Hedge Indices can be calculated for any regional or composite index within the MSCI Global Investable Markets Index family. The following flagship indices are available in USD and EUR at launch: MSCI All Country World (ACWI) FX Hedge Index; MSCI World FX Hedge Index; MSCI EAFE FX Hedge Index; MSCI Emerging Markets FX Hedge Index; MSCI Europe FX Hedge Index; MSCI Pacific FX Hedge Index.

The indices are available on request from MSCI. Deutsche Bank has already licensed the methodology.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree