Currency overlay / Neil Record.
Currency overlay is the management of the currency exposure inherent in cross-border institutional investments. Exposure to foreign currencies increases the volatility of their returns, without increasing the returns themselves and academics and consultants recommended that the currency exposure sho...
Saved in:
| Online Access: |
Full Text (via EBSCO) |
|---|---|
| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Hoboken, NJ :
John Wiley & Sons,
©2003.
|
| Series: | Wiley finance series.
|
| Subjects: |
Table of Contents:
- Currency Overlay; Contents; List of boxes; Biography; Acknowledgements; 1 Introduction; 2 The Problem; 3 Currency Hedging; 4 Foreign Exchange Market
- History and Structure; 5 Theory of Currency Hedging of International Portfolios; 6 Passive Currency Overlay; 7 Currency Overlay Benchmarks; 8 Overlaying Different Asset Classes; 9 Is the Currency Market Efficient?; 10 Active Currency Overlay
- Management Styles; 11 Active Currency Overlay
- Evidence of Performance; 12 Implementing Currency Overlay; 13 Looking Ahead; References/Useful Reading; Appendices; Index.