MSIM revived RMB options activity in Q1

- By Joe Parsons
- @Joe_Parsons416
- 05 Jul 2023

Morgan Stanley Investment Management increased its US dollar/Chinese renminbi options position during the first quarter of 2023, in a sign the firm may be restarting its RMB hedging strategy.

The largest portion of MSIM’s trades were executed with JP Morgan and Standard Chartered, taking the fund manager’s RMB position from $5.2 billion in Q4 to $7 billion, according to quarter-end filings made to the US Securities and Exchange Commission and aggregated by FX Market’s Counterparty Radar

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com

You are currently unable to print this content. Please contact info@fx-markets.com to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com