Pareto Investment Management Limited ("Pareto"), based in London, UK, is one of the world's foremost currency managers specialising in overlay and absolute return strategies for institutional clients.
The firm also has an affiliate in Tokyo and UK Financial Services Authority-appointed representatives in New York and Sydney performing marketing and client servicing in their respective regions.
Pareto has a client-focused, team culture distinguished by a balance of investment expertise and academic excellence, and its clients include some of the most sophisticated institutions around the globe.
Pareto believes that the best way to add value in currency management is by controlling risk of loss successfully. In a portfolio of overseas securities, risk of loss is defined as the risk of cash loss when translating the foreign currency exposures back into base currency.
Foreign currency risk can be measured and can, therefore, be managed. Accordingly, Pareto does not attempt to forecast future currency returns but instead focuses on estimating and managing the currency risk embedded in international investment portfolios.
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