20.08.2015 - The Currency-Hedged ETF Wars Are Upon Us
Competition within funds industry to launch currency-hedged exchange-traded funds is getting white hot. Deutsche Asset & Wealth Management launched six new ETFs on Wednesday tied to overseas stock indexes in Europe, Australia and Japan. Some of these stake out new territory, but others are clones of what’s already on the market, a strong signal that a land grab in full swing. Currency-hedged ETFs have become enormously popular in a world where loose central bank policies reign. These neutralize currency shifts — perfect fits for when the Bank of Japan and European Central Bank policies send currencies falling and stocks rising...............................................Full Article: Source
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