This site uses cookies. and this alert will appear once and then not again.

In recent months, we have seen significant volatility in FX and commodity markets, and are now seeing increases in interest rates in response to rapidly rising prices. The position is often complicated, and exposures are often managed on a group basis. Fair value movements on unhedged positions, or positions managed on an overall group basis, can lead to significant cash tax exposures, and can also lead to impacts on distributable reserves.

We can help understand the exposures and identify ways to manage the accounting and tax positions, and potentially help reduce the cost associated with entering into external hedges.