Currency Overlay

by 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 should be stripped out of international portfolios and eliminated as far as practicable. This book provides a comprehensive description of currency overlay,...

• Format: Hardcover
• Language: English
• ISBN: 0470850272
• ISBN13: 9780470850275
• Release Date: November 2003
• Publisher: Wiley
• Length: 320 Pages
• Weight: 1.52 lbs.
• Dimensions: 0.9" x 6.7" x 10.2"