Mesirow Financial Named Currency Manager of the Year

CHICAGO, May 5, 2020 /PRNewswire/ -- MoneyAge named Mesirow Financial as Currency Manager of the Year at its 2020 Asset Management Awards. Mesirow's Currency Management Team was awarded this honor based on their specialized expertise, capabilities and innovation in a sector that continues to play an increasingly important and diverse role in client portfolios.

"Currency management is a key capability within Mesirow Global Investment Management," said Dominick Mondi, President and CEO of Mesirow Financial. "We recognize that currency is one of the most significant risks for institutions investing abroad and, as more money is put to work overseas, this risk continues to grow. As an independent, employee-owned firm, we are free from potential conflicts of interest inherent in some other market participant corporate structures and are able to align fully with the interests of our clients."

"We are deeply honored to be named Currency Manager of the Year for 2020 by MoneyAge," said Joe Hoffman, CEO, Mesirow Currency Management. "With more than $90B in currency assets,* we have longstanding institutional client relationships in North America, UK, Europe and Australia, delivering passive and active currency risk management as well as currency alpha and execution services. Now, more than ever, clients are looking for tailored currency risk management services from an independent firm such as Mesirow that they can rely on during periods of market turbulence."  

About Mesirow Financial
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago with offices in 21 cities, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our workplace culture. To learn more, visit mesirowfinancial.com and follow us on LinkedIn.

Mesirow Financial was also recently named one of the Best Places to Work in Chicago by the Chicago Tribune and one of the Top Places to Work by Crain's Chicago Business.

About MoneyAge
MoneyAge provides IFAs and the financial services sector with timely news and in-depth analysis to help guide their advice and decisions. The brand comprises a mixture of financial advisers, investment platforms, and other wholesale investment providers and financial intermediaries from across every sector of the financial services industry.

Media
Michael Herley
[email protected]  |  203-308-1409

*Mesirow Financial Currency Management AUM reflects assets under management for both currency risk management products (passive and active management) and alpha and macro products. Risk management product AUM reflects the total foreign currency portfolio exposure of passive and active clients' underlying portfolios allocated to the Currency Division of Mesirow Financial. Alpha and macro product AUM reflect the client's total investment amount in the alpha and macro strategies of the Currency Division of Mesirow Financial, which is calculated based on an annualized 2% volatility target.

SOURCE Mesirow Financial

Related Links

http://www.mesirowfinancial.com