The effects of currency losses should never be underestimated

AlphaQ highlights that investors need to understand the currency hedging decisions and currency exposures of their managers. But determining currency exposure of a fund is not an easy task, especially if the fund manager actively manages currency risk. In most cases, looking at thousands of long and short positions in currency forwards, futures and options […]

July 14, 2016

AlphaQ highlights that investors need to understand the currency hedging decisions and currency exposures of their managers. But determining currency exposure of a fund is not an easy task, especially if the fund manager actively manages currency risk. In most cases, looking at thousands of long and short positions in currency forwards, futures and options could provide misleading information about hedging levels.