The mandate was awarded to FX Concepts was for the sterling share-class of the firmâs flagship Global Currency Program (GCP) and follows several similar mandates by UK local authorities during the three years FX Concepts has been present in the UK.
âWeâre delighted that Berkshire has made a commitment to active currency and has put its faith in FX Concepts and our GCP Programâ says Daniel Szor, Managing Director of FX Conceptsâ London office. âWe believe that the increased volatility in the FX market will provide significant opportunities for our investors during coming yearsâ.
FX Concepts is a global investment firm specializing in active currency management. The company has over $11.5 billion in assets under management in active currency programs for institutional clients worldwide. Established in 1981 by its current Chairman John R. Taylor, FX Concepts is headquartered in New York Since 2006 FX Conceptsâ UK subsidiary, FX Concepts (UK) Ltd (authorized and regulated by the Financial Services Authority) has allowed the company to substantially increase its activities in the UK market and Europe.