Currency Options Programme
Overlay Asset Management’s Currency Options strategy is a discretionary program. We expect it to exhibit extremely low correlation to other OAM programs which are systematic. Furthermore, options markets introduce two new dimensions on which to take active positions, in addition to currency direction: volatility and time. This creates a broader opportunity set for generating alpha, and an opportunity set which exhibits very low correlation to more traditional currency strategies which seek to take directional views on spot currency rates.
The Currency Options Currency Strategy can be accessed via a managed account, where the target risk, target return and other factors can be customised to meet the investor’s specific needs. Alternatively, it can be accessed by the SingleHedge Currency Options Fund.