Currency Overlay - The Wiley Finance Series (Hardback)Neil Record (author)
- We can order this
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 portfoliosThe interplay between asset returns and currency returns, and the effect of this on hedging decisionsBenchmarks - their construction and strategic roleLeast-cost passive overlayThe structure of the currency market, and its 'inefficiencies'Active overlay stylesActive overlay both restricted and unrestricted (currency alpha)Uses diagrams, charts, tables and explanatory boxes to explain concepts
Publisher: John Wiley and Sons Ltd
Number of pages: 316
Weight: 642 g
Dimensions: 254 x 173 x 22 mm
You may also be interested in...
Please sign in to write a review