Specialist insight, issue 1
We’d like to welcome you to the first in our series of ‘Specialist insights’. These regular communications will share with you the latest industry thinking and research together with details of our forthcoming thought leadership events, and will also give you the opportunity to understand more about our capabilities in minimising corporate foreign exchange risk.
They will also contain details of our forthcoming thought leadership events. We are planning to run a number of high level thought leadership workshops and breakfast briefings all designed to bring together senior financial executives to network and debate critical issues facing their organisations today.
We hope you find these communications of interest and that we will see you at one of our events in the near future.
Highlights in this issue:
- Breakfast Briefing - ‘Evaluating FX Volatility’, 25th April, 2007
- Market Insight - Managing Foreign Exchange Risk, European CEO May-June 2006
- Research - UKTI, Export Tracking Research, December 2006
- Case Study - Technologies Inc.
Breakfast Briefing - ‘Evaluating FX Volatility', 25th April, 2007
We would like to invite you to join us at an exclusive breakfast debate focused on ‘Evaluating FX Volatility’ on April 25th at Soho House in central London.
For many UK companies, doing business overseas will be critical to the long-term viability and profitability of their ventures. Despite this, Finance Directors spend, on average, less than 10% of their time managing their FX exposure. For some organisations this has had a hugely detrimental effect on their bottom line.
So just what do organisations need to know to protect themselves from foreign exchange volatility? And how can they act on this knowledge without stripping critical resources from other areas of the business?
This breakfast briefing will strive to address how organisations can manage their FX exposure efficiently to produce the maximum benefits whilst investing the minimum time.
Date: Wednesday, 25th April
Time: 8am - 10am
Venue: Soho House, London
Facilitator: Chris Towner, Director of HiFX FX Advisory Services Ltd
Contributor: Rupert Mapplebeck, Treasurer, HMV Group Plc
Key points to be covered during the session:
- What is the lowest investment you need to make, in terms of time, resources and cost, to effectively manage your currency exposure?
- What knowledge and tools do you need at your disposal to most effectively manage this risk?
- What are the alternatives to actively managing your FX risk? Is there an industry benchmark?
We are limiting attendance to a maximum of 10 senior executives to ensure we optimise the debate and networking opportunities. Places will be allocated on a first come, first served basis.
If you are interested in attending please click here to register your details and we will be in touch to confirm your place and with more specific information on the event.
Managing Foreign Exchange Risk, European CEO, May - June 2006
In an increasingly global business world, overseas trading has seen significant growth. However, it is staggering how few companies adequately manage their currency fluctuation risk.
Foreign Exchange volatility can potentially wipe out the profit margins of companies and is therefore a risk that should not be ignored.
This article details how, with prudent foreign exchange risk management, companies can better protect their bottom line profits.
Click here to download your complimentary article.
UK Trade & Investment - Export Tracking Research, Dec 2006
Exporting goods or services to overseas markets can offer considerable revenue gains for UK accompanies. According to UKTI’s research, 33% of UK exporters gain a third of their revenue from overseas trade. 23% receive more than half of their revenue this way. Moreover, half believe that the long term survival of their business is contingent upon doing business overseas.
This piece of research investigates the trends among UK exporters, their experiences in exporting and the attitudes of active, potential and non-exporters in the UK towards International Trade.
Click here to download your complimentary copy.
A HiFX Case Study – Technologies Inc.
Technologies Inc. is a leading provider of computer aided design software which is available in 15 languages and sold in more than 90 countries. As an international company, Technologies Inc. has companies throughout the world and its ability to manage its cash flow is greatly impacted by volatile currency movements.
This case study covers HiFX’s approach to delivering a bespoke risk management strategy and how it has helped Technologies Inc better manage their foreign exchange exposure.
Click here to download your complimentary copy.
HiFX Financial Services Ltd. is Authorised and Regulated by the Financial Services Authority, FRN No: 446302.