The Currency Hedging Decision: A Search for Synthesis in Asset Allocation
The currency allocation in a portfolio deserves more attention than it typically gets. Currencies should be integrated with allocations to other asset classes, but the appropriate currency hedging decision is neither complete hedging back to an investor's base currency nor total avoidance of cu...
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| Veröffentlicht in: | Financial analysts journal 1995-05, Vol.51 (3), p.8-17 |
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| container_title | Financial analysts journal |
| container_volume | 51 |
| creator | Gastineau, Gary L. |
| description | The currency allocation in a portfolio deserves more attention than it typically gets. Currencies should be integrated with allocations to other asset classes, but the appropriate currency hedging decision is neither complete hedging back to an investor's base currency nor total avoidance of currency hedging. This article looks at the contribution currency management can make to risk reduction and return enhancement. |
| doi_str_mv | 10.2469/faj.v51.n3.1900 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0015-198X |
| ispartof | Financial analysts journal, 1995-05, Vol.51 (3), p.8-17 |
| issn | 0015-198X 1938-3312 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_38904285 |
| source | Jstor Complete Legacy; Business Source Complete; Periodicals Index Online |
| subjects | Asset allocation Asset management Assets Benchmarks Bond portfolios Capital assets Currencies Currency Currency market Currency transactions Diversification Equity Financial management Financial portfolios Guest Speaker Hedging International Investment risk Investments Investors Liability Management decisions Mechanics Money markets Portfolio diversification Portfolio management Prices Rates of return Risk Standard deviation Statistical analysis Studies |
| title | The Currency Hedging Decision: A Search for Synthesis in Asset Allocation |
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