Currency risk is unavoidable for institutional investors looking to diversify their portfolios internationally and access new opportunities and return streams. Currency exposure significantly impacts an international portfolio's performance, and it’s essential to understand how to manage that risk.
A Comprehensive Guide to Currency for Institutional Investors has been written to help address this issue. Over 10 chapters, it covers everything from the basics of foreign exchange markets and approaches to managing currency exposure to the practicalities of implementing a managed currency programme.
Whether you’re just starting to invest in foreign assets or are already an experienced investor, this book will help you navigate the world of currencies with increased confidence.