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FX Series with Hathersage Capital – I

Monday, August 13, 2007

Foreign exchange (FX) absolute return is one of the purest forms of uncorrelated alpha and, unlike many alpha sources, requires little or no funding.

A SQUARE :: 13Aug07 FX Series with Hathersage Capital – I
Category	Foreign Exchange
Faculty	Lynnelle Jones
Expertise	Foreign Exchange
Author	Sona Blessing
International diversification introduces the currency asset, the base currency and international currency, into portfolios. Many investors have learned about the diversification aspect of currency the hard way, as relative currency movements have produced unanticipated, uncompensated and unwanted volatility. In fact, international equity, fixed income and real estate markets are highly correlated without currency exposures
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