With global growth uneven, inflation paths uncertain and policy divergence re-emerging, senior investors are reassessing how currency risk fits into multi-asset strategy. This panel brings together CIOs and senior multi-asset PMs to discuss how they frame FX exposure across regimes: when currencies diversify portfolios, when they amplify risk, and where selective opportunities are opening across developed and emerging markets. Speakers will explore how they balance return drivers, hedging discipline and volatility signals, and how they adapt frameworks as correlations shift. The discussion will also address the growing role of “store-of-value” behaviour- from gold to commodities and alternative assets- when confidence in fiat regimes is challenged. A high-signal, investment-focused discussion on preparing portfolios for the FX regimes most likely to dominate in 2027 and beyond.