Bridge over ocean
16 May 2010 Multimedia

Global Currency Hedging

What Role Should Foreign Currency Play in a Diversified Investment Portfolio?

  1. John Y. Campbell

John Y. Campbell’s presentation analyzes seven major currencies and why only some provide an effective hedge against equity risk, and how that risk may be reduced by a currency hedging strategy. He also discusses the effect of currency hedging on Sharpe ratios and how currency investors should view movements in interest differentials. Please note that text may be difficult to read in this recording.

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