Řízení kurzových rizik u Fondů kvalifikovaných investorů

This thesis explores the issue of currency risk management in Qualified Investor Funds, a dynamic segment of collective investment. As these funds frequently hold investments denominated in foreign currencies and are not subject to detailed regulatory requirements concerning currency hedging, the management of foreign exchange risk represents a crucial yet underexplored area. The main objective of the thesis is to describe the specifics of currency risk within the environment of Qualified Investor Funds, to define the theoretical framework for its management, and to analyse the practical approaches employed by a selected investment fund manager. The thesis is structured into a theoretical and a practical part. The theoretical section outlines the key principles of foreign exchange risk management and provides an introductory overview of the regulatory and operational specifics of Qualified Investor Funds. The practical section is developed as a case study, analysing the risk management system of a selected investment management company, and subsequently applying it to a specific fund under its management. Based on this analysis, the thesis identifies key characteristics of the area, highlights the strengths of the current system, and formulates recommendations for further improvement.