news archive

The folly of volatility suppression: Why Catalonia is a warning for Europe

Complex systems that have artificially supressed volatility tend to become extremely fragile…although the stated intention of political leaders and economic policymakers is to stabilize the system by inhibiting fluctuations, the result tends to be the opposite. Nassim Nicholas Taleb and […]

more >
What can we expect from the Conservative Party Conference this week?

Last week’s Labour party conference couldn’t have gone much better for Jeremy Corbyn. After two fractious years of infighting and chaos, the party presented itself as more united. Tom Watson and Sadiq Khan, two of Corbyn’s biggest critics in the […]

more >
Germany Sees Shift Towards Populism

The election results are in and Germany has chosen Angela Merkel to lead the country for a fourth consecutive term.  While on the surface it may seem like a case of ‘same old, same old’ in Europe’s largest economy, but […]

more >
Sterling Bounces Back

Sterling rallied hard last week, following a clear hawkish shift by the Bank of England on Thursday.  GBPUSD hit a post Brexit high above 1.36, and GBPEUR pushed into the mid-teens, dampening the talk of GBPEUR parity that had begun […]

more >
Will the hype around the ECB ever amount to tighter policy?

 In last Monday’s report, we debated whether the recent bull run in the euro can continue. At the ECB meeting on Thursday, Draghi justified our belief that it may struggle with the committee set to maintain a very cautious approach […]

more >
EUR: Can the Bull Run Continue?

There are only two exogenous factors…that can realistically explain the resilience of (Europe’s) recovery: the collapse in oil prices in 2014-15 and our monetary policy.   Mario Draghi, ECB President April 2017     When we made the decision to […]

more >
Jackson Hole’s focus on Global Growth and less on Monetary Policy

This past weekend saw the annual central bank conference at Jackson Hole, Wyoming.  The Economic Policy Symposium is one of the longest-standing central banking conferences in the world, bringing together economists, financial markets participants, academics, and central bankers from around […]

more >
Is it possible to be bullish on the dollar without being hawkish on the US rates?

Is it possible to be bullish on the dollar without being hawkish on the US rates? When the Fed started to discuss the possibility of raising interest rates back in early 2015, the dollar rallied aggressively against all its major […]

more >
What if there is a crisis?

Currencies trade very differently in a crisis.  We explore what could happen to our FX market outlook if we experience a financial crisis in the next twelve months.      The probability of a financial market crisis erupting in the next […]

more >
Will Trump Survive To The End Of His First Term In Office?

As special counsel Robert Mueller impaneled a grand jury in the Justice Department’s investigation into Russian election interference, several Republican senators have started moving away from the President.  This has led to increasing speculation as to whether this is a […]

more >

< 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 >


White Papers



FX Hedging:

10 Common Pitfalls


Commodity & FX Risk:

An Integrated Approach


The Corporate Use of Credit Derivatives:

Where Next?


Corporate Hedger’s Guide to Basel III


Currency Volatility – Are markets nearing an inflection point?



FX Risk


“Validus designed an innovative and practical hedging strategy to address our underlying FX risk in the context of very distinct and diverse sources of competition. We are delighted with the outcome and impressed with their on-going response to the changing business and market dynamics”.


Paul Stobbs, Managing Director, Attraction World


Private Equity


 “The Validus team understand how private equity thinks about financial risk management issues and they are rigorous in the way they help our portfolio companies to understand and mitigate their risks.”


James Markham, Partner – Portfolio Management, Graphite Capital LLP


FX and Commodity Risk


“Validus provides us with independent strategic advice relating to our long-term currency and commodity risk management program.  The people are extremely capable and collaborate very well with our finance and operations teams here at JD Irving.”


Mark Bettle, Director, J.D. Irving Ltd.


FX  Risk


 “Validus developed a tailored hedging solution to mitigate the risks from our unique combination of existing supplier agreements. The implementation and management of this rolling hedging programme with our FX service providers has been expertly and efficiently handled”.  


Mark Goldby, Finance Director, SMS Electronics Ltd.


Commodity Risk


“Validus worked with us to develop a comprehensive commodity risk management programme – their analysis was both insightful and actionable.   We particularly value their independence, and they continue to work alongside our internal team to ensure our commodity price risks are managed effectively”

Gerry Gray, Finance Director, Strix Ltd.


FX, Commodity & Interest Rate Risk


“Validus comes up with risk management solutions that are innovative and comprehensive but practical to implement, that is their strength compared to other consulting companies we have worked with in the past.  Validus provided valuable insights into how FX, interest rate and commodity risks impact our organisation, and provide actionable recommendations and solutions.”


Andrew Ayres, Finance Director, U-POL Ltd.

Recent Comments