News & Media
Dynamic Forward Hedging for Corporates
Managing FX exposure confronts corporates with challenges and opportunities. Starting from a general discussion of hedging strategies, this article focuses on QCAM’s Dynamic Forward Hedging approach, which offers corporates a flexible hedging strategy and opportunities to improve their overall financial performance.
Something has to give
Powerful headwinds stalled the USD’s rally in October. Cross currents are likely to keep FX markets range-bound in the near term, but with a USD-bullish bias. The tides are set to change if US economic outperformance fades next year, the global economy starts to re-accelerate and the BoJ finally catches up with reality.
What stops the Dollar?
The USD continued its rally in September and the momentum as well as the support from superior growth and interest rate run-rates point to further USD upside. Rising risk aversion also supports the USD and is unlikely to reverse as abruptly as it did at the end of last year. However, the risk is that the financial tightening becomes....
China’s long debt-landing
China's long debt-landing - The USD DXY rallied 5% since the middle of July. Given the health of the US economy versus its major counterparts, we expect further USD upside but with more bumps. The combination of lax fiscal and tight monetary policy is likely to be an undercurrent for the USD for some time. Problems in China are supporting the USD as well.
High-Speed Rollercoaster
QCAM Monthly August 2023: FX markets started the second half of the year with the same rollercoaster pattern as they finished the first half, only faster. The USD DXY fell 3% in the first half of July and then recovered most losses by the end of the month.
Half time
QCAM Monthly July 2023: After the strong trends in 2021 and 2022, FX markets were less directional and more dispersed in the first half of 2023. This pattern may well continue in the second half of this year although the underlying drivers are likely to shift. In our view, the dominant theme will...
QCAM also makes hearts beat
QCAM sponsors a heart for the open air exhibition HeartBeats. The open-air exhibition combines art and solidarity and helps children, young people as well as people without shelter in Switzerland, who are particularly affected by the corona pandemic.
QCAM FX BIAS – Excellent Cash-Substitute
The successful trading strategy is based on business climate surveys, with the systematic use of which QCAM has built a rule-based bridge between economic developments and exchange rates.
QCAM FX BIAS – our innovative approach to detect currency trends at an early stage utilizing business climate survey
QCAM FX BIAS - our innovative approach to detect currency trends at an early stage utilizing business climate survey
With new additions to the Board of Directors & Management Committee, QCAM underpins its leading position in Asset and Currency Management
We are pleased to announce the addition of Gary Klopfenstein, Hélie d'Hautefort and Ekaterina Schiess to our Board of Directors and Martin Pendert to our Management Committee.
FX Monthly became QCAM MONTHLY
As advertised before we like to introduce to you our [...]
QCAM’s shortlisting in the ‘Currency Manager of the year’ category 2019
We are pleased to announce QCAM’s shortlisting this year again in the ‘Currency Manager of the year’ category at the European Pensions Awards 2019.
NZZ – «Vertrauen ist die wichtigste Währung»
In the interview with the NZZ, QCAM CEO Thomas Suter answers 33 questions around the topic currencies.Even in times of increasing digital media dominance, the Neue Zürcher Zeitung has maintained its position as a leading national quality medium. For this reason, we were especially pleased to receive an inquiry from the NZZ editorial team for an interview with our CEO Thomas Suter, which we have enclosed for your reading. The interview was published in the Saturday edition of the NZZ as well as in the NZZ on Sunday from 9th / 10th March 2019.
KMURundschau – professionalism is needed
Article from Thomas Suter, CEO of QCAM Asset Management in the kmuRUNDSCHAU magazine about the challenges facing investors in currency management. In the view of the growing complexity as well as the considerable earings and savings potential, the need of the investor is growing for independent and transparent advice.
Opalesque Roundtable Series ’18 – Currency Trading
The internationalization of investments has led to a significant increase in the foreign exchange (FX) business. Along with this major growth, the whole set up and market structure of currency trading, alpha generation in FX markets and the FX overlay industry have significantly changed. How are the markets working now? What are the best and most efficient set ups for currency trading? What happened to the alpha generation of FX managers? When it comes to technology and innovation, is FX trading leading crypto trading or is it the other way round - who sets the trend? (page 20) Why is crypto a very easy market to trade for professionals from the strategy perspective, but the trouble is rather on the legal and the regulatory side? And, will Blockchain technology lead to a future without exchanges?
wallstreet-online.de – Rising hedging costs? Guest article by Cengiz Temel
«Is there a way out of the dilemma of increasing hedging costs for EUR investors?» - The record-high hedging costs aggravate the challenges for institutional investors in the search for yield-generating investments. In the article, Cengiz Temel, Managing Partner at QCAM, shows how rising insurance costs are a challenge for institutional investors and where the pain margins lie.
Fundplat – Untapped potentials in currency management
Im Interview zeigt Thomas Suter auf, CEO von QCAM, dass vorallem bei institutionelle Investoren, gerade bei grösseren Fremdwährungstransaktionen, noch viel Potenzial unausgeschöpft ist. Denn schon kleine Differenzen haben bei den Preiskonditionen grosse Auswirkungen auf die Kosten und damit die Erträge.
Superbcrew – QCAM Interview with CEO Thomas Suter: Half-Year Review And Outlook
Sensational, Superbcrew report about us "QCAM Currency Asset Managment: Half-Year Review And Outlook – Getting The Most Out Of Currency Investments And Cash
12.10.2021 – Finance Expo Netherlands
Here you will meet top CFOs who will tell you about their cases. Experts to keep you informed about the latest developments. Partners who support you in your challenges.
04.07.2018 –7th Swiss Asset Management Day
As a sponsor, QCAM support the 7th Swiss Asset Management Day. We are looking forward to meet you in the Hotel Seedamm Plaza in Pfäffikon.
06.-07.06.2018 – Symposium – the 2nd pillar trade fair
We will have a booth at the Symposium - the 2nd pillar trade fair. We are looking for an interesting trade fair and hope to meet you there.
01.07.2018 – Sponsoring 112th Innerschweizer Schwing- und Älplerfest (ISAF)
As a sponsor, QCAM support the 112th Central Swing and Alpine Festival, which is considered one of the highlights of the schwinger year 2018. We are convinced to enjoy an unforgettable party in our popular, national swinging sport.
22.-24.01.2018 – MFA Network Conference Miami (USA)
The MFA’s Network Conference in Miami is hailed as one of the top networking event for the alternative investments industry. The MFA’s Network 2018 Conference brings together top allocators, fund managers and leading industry service providers together for one on one allocator meetings, educational programming and investor-led roundtable discussions. Managed Funds Association (MFA).
14.11.2017 – Pension fund forum 2017, Zurich (Sponsor)
50 high-level cadres of the 150 biggest pension funds, Sammel- und Anlagestiftungen BVG of Switzerland
Half time
QCAM Monthly July 2023: After the strong trends in 2021 and 2022, FX markets were less directional and more dispersed in the first half of 2023. This pattern may well continue in the second half of this year although the underlying drivers are likely to shift. In our view, the dominant theme will...
Shifting tides
QCAM Monthly June 2023: Uncertainty surrounding the US debt ceiling has been removed. The focus is back to growth, inflation and monetary policy. The USD bear trend is fading with the global recovery theme. However, the situation is more mixed than it was a year ago and the USD is less likely to outperform across the board. The JPY has the best precondition to shine, while the EUR is more likely to struggle and the USD sits somewhere in-between...
QCAM MONTHLY May 2023 >> Debt-ceiling and beyond
Currency markets have been relatively stable despite the emergence of several uncertainties and market jitters. Most likely, stress is not yet sufficiently high to move markets, which remain focused on central bank actions. This could change with the unfolding of the US debt-ceiling process. Beyond that, recession is becoming a...
QCAM MONTHLY April 2023 >> Not yet a game changer
QCAM Monthly April 2023 QCAM Special Liquidity deserves [...]
QCAM MONTHLY March 2023 >> No 2022 déjà-vu
QCAM Monthly March 2023 QCAM Insight The USD [...]
QCAM MONTHLY February 2023 >> Don’t expect too much from China
QCAM Monthly February 2023 QCAM Insight The USD [...]
