A recent inquiry from one FEI member prompted this response from Bill Sinnett, FERF Director of Research.
Question: I am a novice at foreign exchange. I am interested in general information and resources for foreign exchange. Is there a foreign exchange or cash managers professional group I can join or publication addressing FX issues, best practices?
Answer: We at FERF and FEI have a number of sources of information.
First, we have posted a white paper on Foreign Exchange in the FERF Knowledge Center:
Here is a link to the white paper (login required):
../../eweb/dynamicpage.aspx?sute=_fei&webcode=ferf_kc_detail&key=567dc2b1-9544-46a3-9cc7-74a3ae95d8b0
The author of the white paper is:
Robert Gardiner
rgardiner@lescost.com
Lincoln Expense Solutions
www.lescost.com
cell: 708-256-4021
Second, FERF published “Foreign Exchange Risk Management: A Survey of Corporate Practice” back in 1995. Though this research report may be a bit dated, the author is not.
Henry A. (Hal) Davis is a treasury consultant based in Washington, DC, and can be reached at (202) 328-7074 or HDResearch@aol.com.
Third, a search on Amazon.com will yield a number of books on Foreign Exchange.
Craig Jeffery, Managing Partner at Strategic Treasurer, recommends this book:
Managing Foreign Exchange by Dominic Bennett ($65 new on Amazon.com).
http://www.amazon.com/s/ref=nb_ss?url=search-alias%3Dstripbooks&field-keywords=managing+foreign+exchange+by+dominic+bennett
Craig A. Jeffery
Managing Partner
STRATEGIC TREASURER
o: 678.466.2222
c: 678.641.1970
f: 770.216.1547
craig@strategictreasurer.com
500 Westpark Drive, Suite 110, Peachtree City, GA 30269
www.strategictreasurer.com
Fourth, Cady North of FEI’s DC office works with FEI’s Committee on Corporate Treasury.
Cady recommends the iTreasurer’s newsletter (subscription-based) from the Neu Group:
http://www.neugroup.com/itreasurer/home.aspx
Here’s the Neu Group’s homepage http://www.neugroup.com/
Cady can be reached at (202) 626-7803 or cnorth@financialexecutives.org
We also contacted Susan Kelly, editor of Treasury & Risk magazine:
Susan Kelly
646-746-8880
skelly@treasuryandrisk.com
Susan directed us to the Treasury Strategies Website:
http://www.treasurystrategies.com/
She notes that Treasury Strategies provides treasury resources:
http://www.treasurystrategies.com/resources/default.htm
She adds that they sponsor LinkedIn networking communities on different topics, one of which is FX risk management:
http://www.treasurystrategies.com/networking/netCommunity.htm
Susan tells us that another good Web site is Jeff Wallace’s Greenwich Treasury Advisors Web site:
http://greenwichtreasury.com/home.cfm
Here are links to Jeff’s articles:
http://greenwichtreasury.com/articles/articles.cfm