In September 2007, the marketing manager for London Life Insurance Coverage Company's (London Existence) Freedom Funds was preoccupied by ideas of his approaching ending up in London Life's vice-leader of promoting, Individual Retirement and Investment Services. The vice-leader was worried about yesteryear summer's appreciation from the Canadian dollar in comparison to the U.S. dollar. Since March of 2007, the Canadian dollar had appreciated over 10 percent against its U.S. counterpart with caused by deteriorating returns on London Life's U.S. funds. The marketing manager have been requested to check out the motorists behind the sudden alternation in currency and whether or not this would be a sustainable trend if that's the case, he ended up being to advise the steps London Existence must take to safeguard its investment returns on its U.S. funds. Further complicating case study was the understanding that his advice required to incorporate and respect London Life's investment philosophies, easily be understood by its almost 3,000 financial experts as well as their clients, and acknowledge the difficulties all around the implementation of currency-securing methods.
Estimated Submission On |