As President and chief executive officer of Mellon Capital, Dr Charlie Jacklin oversees all investment and operational areas of the firm. His previous roles at the firm have included chief investment strategist and director of asset allocation strategies. Before joining Mellon Capital in 1994, Dr Jacklin was on the faculty of Stanford University's Graduate School of Business where he taught a variety of finance courses in the MBA program Sloan and PhD programs. For the academic year 1990-91, he served as senior staff economist for Financial Markets and Banking for the US President's Council of Economic Advisors in Washington DC. Dr Jacklin has published numerous papers on finance and investments in academic research journals including the Review of Financial Studies, Journal of Political Economy, and Journal of Monetary Economics.

Conventional wisdom suggests that attempting to add value through the active management of currencies is doomed to failure due to the efficiency of the currency market. However, this assumption is not entirely correct because the currency market is ... Read more