The firm is also looking at allocating more to higher-yielding equity and fixed-income assets, noting how hard it is to achieve target returns these days.
The bank has signed a deal to provide a diversified currency index to Shinkin Asset Management as it pushes FX as a separate asset class to investors in the country.
The asset manager says its new dynamic strategic hedging programme for Asian currencies should prove timely, as the region's currencies are ultimately expected to rise against the dollar.
Hedging foreign-exchange exposure is currently cheap, says Christian Nolting of Deutsche Private Wealth Management, who gives his views on various currencies.