| Author: | Matthew, J. |
| Title: | Managing currency exposures in international portfolios. |
| Journal: | Financial Analysts' Journal
1990 : JAN/FEB, VOL. 46:1, p. 16-23 |
| Index terms: | HEDGING PORTFOLIO INVESTMENT RETURN ON INVESTMENT RISK MANAGEMENT FUTURES MARKETS |
| Language: | eng |
| Abstract: | Discussion of the arguments for and against currency hedging, related to risk minimization and forecasting in international portfolios. The rationale for a hedging posture. Currency risk management. 3 techniques. Individual versus portfolio options. Payoffs of individual currency options and the portfolio option. Replicating a currency portfolio option. Five Figures illustrate the study. |
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