21.04.2006 Other Voices: Digging up currency alpha
By Andy Woolmer and Seppo Leskinen, Head of Hedge Fund Services, Global Foreign Exchange, SEB Merchant Banking: ...Whilst you may be somewhat ‘Alpha weary’, it is obviously very important to understand what we mean by alpha in the currency area, and where it comes from. Opinions of what alpha actually is vary wildly, but for our purposes, we can define it as a value indicating an excess risk-adju
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