Avinash Persaud

Professor Avinash Persaud holds The Mercers' School Memorial Chair in Commerce at Gresham College in London. He is investment director for GAM London Ltd. Before joining GAM, Professor Persaud was managing director and global head of research at State Street Bank. He is a special consultant to the Independent Evaluation Office of the International Monetary Fund. Professor Persaud holds a visiting scholarship at the International Monetary Fund and is visiting fellow at the Cambridge Endowment for Research in Finance at the Judge Institute of Management, Cambridge University.

ARCHIVES
01/06/2005 - Risk and Insurance: Disaster Futures
Avinash poses the question: can a country take out financial insurance against macro-risks like currency instability or global terrorism? He begins by discussing the link between the personal insurance you and I take out every day and financial futures markets.
01/03/2005 - When Currency Empires Fall
Today, the spoils of reserve currency status are more clearly visible than ever before. If your currency is a reserve currency, you can pay for things by writing checks, which nobody cashes. You can spend more than you earn to a far greater extent than anyone else.

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