To hedge, or not to hedge, currency moves: that is the question. Terry provides our answer.
BlackRock (BLK) is the world's largest publicly traded investment management firm. As of September 30, 2016, it had assets under management, or AUM, of $5.1 trillion. This is ~7% of the total assets under management across the globe.
Terry A. Simpson, CFA, CAIA, is the Head of Investment Governance & Insights for Client Portfolio Solutions (CPS). Mr. Simpson's service with the firm dates back to 2004, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to moving to his current role, Mr. Simpson was a Multi-Asset Investment Strategist for BlackRock's Global Investment Strategy team, a division of the BlackRock Investment Institute.