The Cambridge Strategy opens Sydney office
London-based boutique currency risk manager The Cambridge Strategy has opened an office in Sydney to conduct research and portfolio management.
The new office will be led by research director Chris Udy, who has been based in the London office of Cambridge Strategy, which has been managing money for institutional investors since 2004.
The active currency alpha and overlay manager will take advantage of its global spread to allow 24-hour currency risk trading and research from the Sydney office, according to marketing director Derek Doupe.
He said Cambridge’s specialist skills and experience, as well as its strong risk management credentials, were well suited to the sophisticated Australian market.
“Our initial market focus is the institutional super schemes. However, over time our desire will be to make our offerings more widely available.”
Doupe said he is one of three Cambridge Strategy principals in the firm who are either Australian or have worked here.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.