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Record Currency Management is a leading currency management firm, managing $55.7* billion for clients in the UK, Europe, North America and the Middle East**. Record was founded in 1983 by Neil Record, an ex Bank of England economist, and has been providing specialist currency management services ever since. Services include currency alpha strategies via either currency funds or segregated accounts, and active and passive hedging.
Record Currency Management is a subsidiary of Record plc, which is a listed company with significant employee ownership.
*at 31 March 2008
**Record’s assets under management are generally unfunded, and are calculated as follows: Passive - the volume of passive hedges managed; Active Hedging - the maximum value of actively managed hedges that may be in place at any given time; Alpha - mandate sizes scaled to an expected 4% tracking error. | 
