International Wealth Management Forum
Karim HK Ahamed, CFA
Partner | HPM PARTNERS LLC
Speaker Presentation
THE HEDGING CONUNDRUM – MANAGING CURRENCY RISK IN PORTFOLIOS
The US dollar has appreciated significantly against other global currencies in the last year, following a prolonged period of dollar weakness and expectations that the dollar would weaken against currencies of economies growing at considerably faster rates than the US economy. The turnaround in the dollar is based largely on improved prospects for the US economy and anticipation that the Federal Reserve will be raising interest rates while many central banks will be cutting rates to maintain or stimulate economic growth. As investors adjust to the idea of a strong dollar environment, the topic of currency hedging is being raised. This roundtable will review how family offices are approaching this issue and explore the pros and cons of currency hedging for investing globally.
Speaker Bio
Karim HK Ahamed, CFA is a Partner in the Chicago office, a Senior Investment Advisor and a member of our Investment Committee.
In addition to his client responsibilities, Karim serves as investment strategist, working with the Chief Investment Officer to identify key investment themes and develop and implement the firm’s strategic and tactical positioning for managing client portfolios. Karim also oversees HPM Partners’ investment manager selection activities and authors the firm’s quarterly market outlook on behalf of the investment committee.
Prior to joining HPM Partners, Karim was a Managing Director and Senior Investment Specialist with J.P. Morgan Private Banking, where he was ranked among the nation’s top investment advisors by Barron’s magazine.* Earlier, Karim held senior investment and wealth management positions with Coutts & Co and UBS AG in the UK.
Karim received his Bachelor of Arts degree from the College of William & Mary and his Master of Management degree from the Kellogg School of Management at Northwestern University. He is a CFA charterholder and member of the CFA Institute, CFA Society of Chicago and CFA Society of the UK.
Karim currently serves on the boards and professional advisory committees of several non-profit organizations focused on arts, culture, education and economic development.
He is a member of the Wealth Management Advisory Board at DePaul University; an active supporter of William & Mary’s Mason School of Business, and a regular guest lecturer at the undergraduate and graduate levels at both institutions.
Speaker Presentation
THE HEDGING CONUNDRUM – MANAGING CURRENCY RISK IN PORTFOLIOS
The US dollar has appreciated significantly against other global currencies in the last year, following a prolonged period of dollar weakness and expectations that the dollar would weaken against currencies of economies growing at considerably faster rates than the US economy. The turnaround in the dollar is based largely on improved prospects for the US economy and anticipation that the Federal Reserve will be raising interest rates while many central banks will be cutting rates to maintain or stimulate economic growth. As investors adjust to the idea of a strong dollar environment, the topic of currency hedging is being raised. This roundtable will review how family offices are approaching this issue and explore the pros and cons of currency hedging for investing globally.
Speaker Bio
Karim HK Ahamed, CFA is a Partner in the Chicago office, a Senior Investment Advisor and a member of our Investment Committee.
In addition to his client responsibilities, Karim serves as investment strategist, working with the Chief Investment Officer to identify key investment themes and develop and implement the firm’s strategic and tactical positioning for managing client portfolios. Karim also oversees HPM Partners’ investment manager selection activities and authors the firm’s quarterly market outlook on behalf of the investment committee.
Prior to joining HPM Partners, Karim was a Managing Director and Senior Investment Specialist with J.P. Morgan Private Banking, where he was ranked among the nation’s top investment advisors by Barron’s magazine.* Earlier, Karim held senior investment and wealth management positions with Coutts & Co and UBS AG in the UK.
Karim received his Bachelor of Arts degree from the College of William & Mary and his Master of Management degree from the Kellogg School of Management at Northwestern University. He is a CFA charterholder and member of the CFA Institute, CFA Society of Chicago and CFA Society of the UK.
Karim currently serves on the boards and professional advisory committees of several non-profit organizations focused on arts, culture, education and economic development.
He is a member of the Wealth Management Advisory Board at DePaul University; an active supporter of William & Mary’s Mason School of Business, and a regular guest lecturer at the undergraduate and graduate levels at both institutions.