Detalles del libro
This book provides a comprehensive description of currency overlay, its history and possible future developments and growth, the reason for its emergence, the debates and controversies, the different styles of currency management, and the industry's performance track record.
This is a subject of international appeal and is an area of particular growth potential for institutional investors. Coverage includes:
- The theoretical case for eliminating currency risk in international portfolios
- The interplay between asset returns and currency returns, and the effect of this on hedging decisions
- Benchmarks - their construction and strategic role
- Least-cost passive overlay
- The structure of the currency market, and its 'inefficiencies'
- Active overlay styles
- Active overlay both restricted and unrestricted (currency alpha)
- Uses diagrams, charts, tables and explanatory boxes to explain concepts
- Autor/a Neil Record
- ISBN13 9780470850275
- ISBN10 0470850272
- Páginas 320
- Año de Edición 2003
- Fecha de publicación 07/11/2003
- Idioma Alemán, Francés
Reseñas y valoraciones
Currency Overlay (Alemán, Francés)
- De
- Neil Record
- |
- John Wiley (2003)
- 9780470850275



