The currency market is one of the largest and most liquid financial markets in the world. Currencies like the U.S. dollar, the euro and the yen trade in the foreign exchange (FX) market 24 hours a day, fluctuating in value relative to each other almost constantly.
PIMCO’s FX Strategy taps this market, representing the full expression of PIMCO’s best currency investment ideas and leveraging both our deep macroeconomic
expertise and our extensive quantitative research capabilities. Our approach seeks to generate returns by exploiting structural inefficiencies and valuation misalignments in global currency markets, while explicitly managing downside tail risk.
PIMCO’s FX Strategy employs a three-pronged approach combining quantitative, qualitative and tail risk hedging techniques to provide investors an efficient
and risk-aware opportunity to benefit from secular changes and shifting valuations in global exchange rates. The FX Strategy is a natural extension of PIMCO’s evolution as a complete global investment solutions provider.