currencies

3 statements across 3 episodes · 1 bullish · 0 bearish · 3 people on the record · first statement Jun 20, 2022 by Ben Forman · across every show →

Everything said about currencies, oldest first

Jun 20, 2022 positive
Insight
Forman: Tokens represent the fifth global asset class
“Tokens are really interesting because they're very much a new asset class. They're the fifth asset class in the world. Pre-tokens, there were equities, fixed income, currencies, and commodities, and really every asset could be put into one of those four catego…”
Ben Forman Jun 20, 2022 ▶ 55:09 Ben Forman – Opportunities in DeFi (EP.256, Crypto for Institutions 2, EP.03)
Jul 11, 2022
Insight
Credit Volatility Is Half of Equities; Currency Volatility Is One-Third
“We think of it, equities, vol is the highest, and then credit is about half of that, and the currency is about a third of equity vol, generally speaking.”
Rob Citrone Jul 11, 2022 ▶ 34:44 Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
Oct 13, 2025 neutral
Disclosure
CPPIB Largely Avoids Currency Hedging by Treating Foreign Exchange as Diversifiers
“And we have largely not hedged our currencies. We view them as diversifying assets. So while others might be more active in hedging, we haven't been as active. We still believe it's a diversifier.”
John Graham Oct 13, 2025 ▶ 51:58 John Graham – Evolution of the Canadian Model at CPPIB (EP.465)
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