Knowledge HubOther ResourcesProprietaryTwo-thirds of Pensions Neglect FX Costs

October 21, 2020by FXT0

This FT Article which was produced with input from FX Transparency’s marketing survey concluding that “…two-thirds of the 288 pension funds recently surveyed in North America and Europe turn a blind eye to the true cost of currency trades, without probing for a more detailed breakdown of costs.”

The scandals of the past and their lessons learned seem to be forgotten. Pensions are not prioritizing FX transaction cost analysis (FX TCA), opening up a gap in oversight and an opportunity for banks to profit. Because FX fees are not disclosed and data is spotty, FX TCA is an off-the-shelf solution for pensions and other asset owners and managers to assure best execution.

For the full article: click here.

Author: Eva Szalay
Date: 10/19/20

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