The Cambridge Strategy opens Sydney office
London-based boutique currency risk manager The Cambridge Strategy has opened an office in Sydney to conduct research and portfolio management.
The new office will be led by research director Chris Udy, who has been based in the London office of Cambridge Strategy, which has been managing money for institutional investors since 2004.
The active currency alpha and overlay manager will take advantage of its global spread to allow 24-hour currency risk trading and research from the Sydney office, according to marketing director Derek Doupe.
He said Cambridge’s specialist skills and experience, as well as its strong risk management credentials, were well suited to the sophisticated Australian market.
“Our initial market focus is the institutional super schemes. However, over time our desire will be to make our offerings more widely available.”
Doupe said he is one of three Cambridge Strategy principals in the firm who are either Australian or have worked here.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
