| Norway's sovereign wealth fund has started to systematically hedge its equity investments against currency risk amid a more volatile currency market, the fund's manager said Wednesday, after the fund posted its biggest ever quarterly gain measured in Norwegian kroner.
"Currency markets are more volatile," Norges Bank Investment Management Chief Executive Yngve Slyngstad told The Wall Street Journal in an interview Wednesday. "This means we are spending more time considering currencies when we invest."..............................................Full Article: Source
|