Currency Asset Management
QCAM Currency Asset Management AG merges two areas of competence, which we have successfully demonstrated since 2005: Currency Management and Asset Management. With our positioning in these two growth areas we are opening up unique perspectives to our customers.
QCAM’s client base includes Pension Funds, Family Offices, Corporates, Asset Managers and NGOs.
Independent, transparent and reliable – at QCAM we live our company values every day in relations with our customers and stakeholders. We select the suitable solution for you from a wide range of products and services.
QCAM is regulated by FINMA and registered with the SEC and thus fulfills highest compliance requirements.
Experienced Currency and Asset Management specialists are here to assist you. Expect highest standards of quality and service.
07.05.2026 | Issue #127
The dynamics of markets is a strong reminder to investors: FX also matters! As currency experts, we at QCAM are always close to the markets to analyse risks and opportunities and turn that into successful investment strategies.
«Not yet ready for long USD»
The situation in the Gulf continues to oscillate between de-escalation hopes and renewed tensions but risk sentiment has visibly improved. The optimism hinges not only on hopes that the Strait of Hormuz will be reopened soon but also reflects positive sentiment linked to the AI boom. Currency markets are not immune to these developments but …
Economy & Interest Rates
The material impact from the Gulf war remains most visible in the Middle East and some emerging economies, notable in Asia. Global business sentiment continues to hold up well, while consumer confidence deteriorated significantly. With the conflict dragging on and no imminent end in sight …
FX Markets
The USD DXY gained 1.1% over the last months with all major currencies falling versus the USD led by the JPY. The performance of EM currencies was more mixed with the RUB staging a strong rebound and the CNH gaining ground as well, while the BRL and the TRY fell behind. Speculative positions …
FX Analytics
There have been few position changes over the last five weeks. We kept the Macro positions at neutral given the uncertainties related to the Gulf war. In Business Sentiment, only the USDCHF position changed from short CHF to neutral. The overall Business Sentiment position is …
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Not yet ready for long USD
QCAM Monthly June 2026: "Not yet ready for long USD". The situation in the Gulf continues to oscillate between de-escalation hopes and renewed tensions but risk sentiment has visibly improved. The optimism hinges not only on hopes that the Strait of Hormuz will be reopened soon but also reflects positive sentiment linked to the AI boom. Currency markets are not immune to these developments but ...
FX Quick Sheets: Key Economic Data for Treasurers
Stay Ahead: Key Economic Briefing for Treasurers. In a fast-moving financial world, every basis point counts. Our «FX Quick Sheet» delivers concise, actionable insights on the latest economic data for Treasurers in Switzerland — from interest rate and currency data to shifts in the most relevant Swiss macroeconomic indicators.
QCAM strengthens presence in the Middle East (Press Release)
Appointment of Alan O’Donnell as Senior Advisor Middle East: This step marks an important milestone in the company’s growth strategy to serve institutional investors across the Arab world. QCAM continues to expand its presence in the Middle East and is pleased to welcome Alan O'Donnell as Senior Advisor Middle East.
Improving USD Fundamentals
QCAM Monthly May 2026: "Improving USD Fundamentals". Events in the Gulf continue to drive short-term FX movements between de-escalation hopes and renewed tensions. This may go on for a while but fundamentals are changing as well. The US economy is proving more resilient than others, the Fed is