How a business owner based in two countries manages her currency needs

Milana grew up in New Delhi and has grown her career as a technology consultant in Asia. She loves traveling for both work and pleasure, and continues to invest in passion projects based around the globe. She splits her time between New Delhi, where her extended family still lives, and Hong Kong where she lives and runs her company. 

In a recent conversation with her JPM team, Milana and her advisor, Francois, were discussing the challenges of her income stream from the variety of companies she consults with, given they are often paid in currencies she doesn’t spend in.  With their deep understanding and experience in this space, her JPM team advised that she can access a variety of sophisticated instruments at J.P. Morgan Private Bank that will allow her to lock in today the rates at which she can convert income from her investments into the currencies she needs, thus providing certainty over future cash flows and protection against adverse market movements. Her JPM team will continue to monitor market developments and conditions in order to advise Milana on the most cost-efficient and beneficial strategies to manage her currency needs.

All case studies are shown for illustrative purposes only and should not be relied upon as advice or interpreted as a recommendation. They are based on current market conditions that constitute our judgment and are subject to change. Results shown are not meant to be representative of actual results or experience of other individuals. Past performance is not a guarantee of the future performance of an investment.​

Holders of foreign securities can be subject to foreign exchange risk, exchange-rate risk and currency risk, as exchange rates fluctuate between an investment’s foreign currency and the investment holder’s domestic currency. Conversely, it is possible to benefit from favorable foreign exchange fluctuations.​