Dennis van den Bosch is senior portfolio manager (trading and risk control) - global currency, at Henderson Global Investors. He has over 20 years of working experience in the financial industry which includes a role as head of operations and treasury at Mn Services, the third largest pension fund asset manager in the Netherlands
Listen to the complete feature In this feature he shares his views on currencies, the role gold could play; draws our attention to (in the context of currencies) why inflation often gets forgotten, the link to commodities and the pivotal role of demand and supply
Or listen to selected sub-features
Q1 - Dennis, what are your thoughts on currency manipulation?
Cheapening currencies and the consequences
Historically, gold as a currency and how it was manipulated
Q2 - Gold and the role it plays now
Printing money always, in the end (long term) results in inflation
Q3 - Can we really shift back to using gold as a currency?
Implementation and acceptance issues
The role of politicians
Valuation related issues
The fate of the Euro?
Innovation and creativity need to be stimulated and giving money away doesn’t necessarily help realise this objective.
Creating a second currency - introducing a shadow currency?
Q4 - Investment opportunities in currency
Exploiting the interest rate differential
Positing for emerging markets
The commodity-currency link