Mellon Capital Management (Mellon Capital) is one of the leading institutional investment managers in the US. Since the firm’s inception in 1983, Mellon Capital has steadily built a reputation for excellence in disciplined portfolio management and forward-looking research. This reputation has attracted quality investment professionals who share the commitment of the firm's founders to apply sound economic and financial theory to the asset management process.
Mellon Capital uses a disciplined and structured process to fully replicate the index's allocation to securities and sector weights, thereby minimising risk. Mellon Capital's global equity index strategy is fully hedged back into Australian dollars. This is achieved through the use of highly-liquid currency forward contracts, and ensures the strategy's returns are not influenced by movements in overseas currency exchange rates. The currency hedge is then reset at regular intervals to adjust for market movements or cashflows, and ensures a fully-hedged position at all times.