Majedie Investment employ a truly global strategy and the team aims to seek out exceptional investments irrespective of their geography. However, the investment trust is a sterling denominated asset. Mark Schilling, Head of Strategic Partnerships at Marylebone Partners, Majedie's investment manager, details how currency exposure is managed in the portfolio. Mark explains that Marylebone Partners do not engage in forex speculation, and the team often choose to mitigate the effects of currency fluctuations on the NAV using forward contracts. As of today, the portfolio's active currency risk is minimal.

Recorded - July 2023.

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