News & Publications
The Kevin and Scott Show
QCAM Monthly September 2026: "The Kevin and Scott Show". The USD traded slightly weaker in August with some volatility courtesy to Scott Bessent and Kevin Warsh. The mix of growth fundamentals and monetary/fiscal policies provides no clear direction. Much will depend on ...
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.
#01 Underestimating or ignoring the cost of FX transactions
What does an FX transaction really cost? Every currency exchange incurs direct costs, in the form of: Bid/ask spreads (the difference between the bid and the ask rate) and/or transaction-based costs. The size of this margin depends primarily on transaction volume and on the client-specific trading set-up. For institutional investors it ranges from less than one to multiple basis points. What can you do?
An Art and not a Science
QCAM Monthly August 2026: "An Art not a Science". The USD fell back amid concerns over Fed credibility and concerted JPY interventions. We still view USD fundamentals as favorable but acknowledge that setback risks have increased. Estimating currency fair-values based on PPP is more of an art than a science but provides ...
Carla Mette and Max Heinzer join QCAM as full-time employees
We are delighted to announce that Carla Mette and Max Heinzer have joined QCAM as full-time employees as of 1 July 2026, following the successful completion of their trainee year and university studies.
Warsh time
QCAM Monthly July 2026: "Warsh time". The USD continued to rally following the US-Iran truce deal and falling oil prices. The AI boom, solid US economic data and a hawkish Fed were stronger than the general improvement in risk appetite. However, we think this is not a good time to go long the USD. The USD has become massively overbought, the AI euphoria is becoming volatile and ...
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.
#01 Underestimating or ignoring the cost of FX transactions
What does an FX transaction really cost? Every currency exchange incurs direct costs, in the form of: Bid/ask spreads (the difference between the bid and the ask rate) and/or transaction-based costs. The size of this margin depends primarily on transaction volume and on the client-specific trading set-up. For institutional investors it ranges from less than one to multiple basis points. What can you do?
Carla Mette and Max Heinzer join QCAM as full-time employees
We are delighted to announce that Carla Mette and Max Heinzer have joined QCAM as full-time employees as of 1 July 2026, following the successful completion of their trainee year and university studies.
QCAM supported Women in Fund Finance
Race Around the World 2026 - at QCAM, we are proud to have been part of this meaningful initiative. A special thank you goes to our colleagues Thomas, Ilenia, Marc, Carla and Sabrina for their enthusiastic sportive participation and contribution.
Shortlisted at European Pensions Awards: Currency Manager & Fixed Income Manager of the Year
QCAM has been shortlisted for the European Pensions Awards 2026. We’re excited to share that QCAM has been shortlisted in 2 categories at the European Pensions Awards - alongside some of the biggest and most well-known names in the industry: Currency Manager and Fixed Income Manager of the Year.
QCAM INSIGHT – Currency Update March 2026
Swiss Treasurers should note that recent geopolitical turmoil in the Middle East has led to significant shifts in interest rate expectations, affecting the CHF interest rate differential. Volatility in global markets has increased, with potential implications for short- and medium-term funding costs.
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.
QCAM Short Term Fixed Income Fund marks one year of successful market presence (Press Release)
One year ago, we launched the QCAM Short Term Fixed Income USD Fund, based on the investment strategy we have been successfully managing since 2012. We are pleased to report that the fund’s first year has developed in line with expectations and performed strongly: with a unique focus on first class Swiss counterparties and continuous outperformance versus comparable investment alternatives.
Moneycab: Interview on Currency Management with QCAM CEO Thomas Suter
In an interview with Moneycab, Thomas Suter, CEO of QCAM, shares his views on the current FX environment, the strong Swiss franc, and how Swiss investors can manage currency risk effectively.
QCAM Fund Launch Featured on finews.com
Zug-based asset manager QCAM is launching a fund targeting investors in the U.S. dollar money market. With seed capital exceeding USD 1 billion, the vehicle has the potential to disrupt the broader market. Article on finews.ch
QCAM launches with UBS Fund for USD Money Market Investors
Zug-based asset manager launches new fund for USD money market investors. Initial capital exceeds USD 1 billion. QCAM Currency Asset Management AG is expanding its offering with the launch of the new QCAM Short Term Fixed Income USD Fund.
«Currency Manager of the Year 2023» QCAM shortlisted by European Pension
QCAM has been shortlisted as Currency Manager of [...]
24.2.2026 – Investing in the New World Order: Swiss Fund Platform Event with QCAM Speakers
Relevant Insights: Manage USD liquidity without US exposure & take advantage of structural growth in the global defense sector. Exclusive Circle: Only licensed EAMs, networking with 60+ professional wealth managers. Compact & Efficient: 90 minutes, focused on the essentials.
12.2.2026 / 9.3.2026 – Finlantern Full Investors Days in Lugano/Zurich (Switzerland)
QCAM Currency Asset Management AG is pleased to participate in the Finlantern – Full Investors Days 2026 (Switzerland), an exclusive event designed to foster meaningful dialogue between leading asset managers and highly qualified fund buyers.
QCAM & Vontobel | Exclusive Lunch-Seminar
QCAM and Bank Vontobel invite institutional investors to an exclusive lunch seminar in Zug on July 1st, 2025. Discover innovative strategies in Swiss Prime Credit and connect over a curated networking lunch.
June 16 & 17, 2025 – World Family Office Forum Europe – Montreux, Switzerland
QCAM is once again pleased to participate in the World Family Office Forum Europe. As a currency specialist, CEO Thomas Suter looks forward to engaging with leading family offices in Montreux.
16th – 27th June 2025 / Gaining The Edge – Global Cap Intro
This year again, QCAM is participating in the virtual Gaining the Edge – Global Cap Intro 2025, a premier event connecting alternative investment managers with top-tier institutional allocators worldwide.
24./25.11.2024 – QCAM invited to the First Saudi-Swiss Fintech Forum
Thomas Suter, our CEO will represent QCAM Currency Management AG at the First Saudi-Swiss Fintech Forum in Riyadh on November 24-25, 2024. We're proud to be part of this important event with 30 registered Swiss participants and to contribute to the dialogue that will shape the future of fintech.
The Kevin and Scott Show
QCAM Monthly September 2026: "The Kevin and Scott Show". The USD traded slightly weaker in August with some volatility courtesy to Scott Bessent and Kevin Warsh. The mix of growth fundamentals and monetary/fiscal policies provides no clear direction. Much will depend on ...
An Art and not a Science
QCAM Monthly August 2026: "An Art not a Science". The USD fell back amid concerns over Fed credibility and concerted JPY interventions. We still view USD fundamentals as favorable but acknowledge that setback risks have increased. Estimating currency fair-values based on PPP is more of an art than a science but provides ...
Warsh time
QCAM Monthly July 2026: "Warsh time". The USD continued to rally following the US-Iran truce deal and falling oil prices. The AI boom, solid US economic data and a hawkish Fed were stronger than the general improvement in risk appetite. However, we think this is not a good time to go long the USD. The USD has become massively overbought, the AI euphoria is becoming volatile and ...
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 ...
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
Catch 22 Again
QCAM Monthly April 2026: "Catch 22 Again". The war in the Gulf has become entrenched and oil and gas shortages will last longer even if hostilities end soon. So far, a financial crisis has been avoided but the fallout is starting to be felt in terms of rising inflation and falling growth prospects.
