Recognition for excellence
The PIPAs recognise excellence among providers of products and services to UK workplace pension schemes. The three key criteria used to adjudicate the Awards are: performance, innovation and service standards. The Currency Award has been introduced for the first time in 2016.
For Christian Lorenz, Head of Commercial Development for Germany, Switzerland and Austria : "Winning the very prestigious Currency Award is a token of our clients' confidence in our Currency Overlay philosophy, one of our Group's traditional strengths. Edmond de Rothschild Asset Management's teams offer bespoke solutions adapted to each client's specific needs and this prize recognises the fact."
Edmond de Rothschild Asset Managemen: a pioneer in the field of overlay management
Edmond de Rothschild Asset Management was one of the first banking groups in Europe to offer Currency Overlay Management in the 1990s, which consists in an active currency risk hedging strategy aiming for stable results on the long term. This solution is used by institutional investors to hedge their international investments, companies with international exposure and family offices for their currency investments.
Widely recognised at international level, this expertise was awarded the Currency Manager of the Year award in 2014 and 2015, at the European Pensions Awards. Investment solutions have been developed, beyond currency, for other asset classes such as equity and precious metals.