Record, Neil Currency Overlay Wiley Finance Series
1. Edition - September 2003 112.- Euro 2003. 316 Pages, Hardcover ISBN-10: 0-470-85027-2 ISBN-13: 978-0-470-85027-5 - John Wiley & Sons
Short description This book will provide a comprehensive description of currency overlay, its history, the reason for its emergence, the debates and controversies, the different styles of currency management, and the industry's performance track record. It will also discuss possible future developments and growth.
From the contents List of boxes.
Biography.
Acknowledgements.
1. Introduction.
2. The Problem.
3. Currency Hedging.
4. Foreign Exchange Market - History and Structure.
5. Theory of Currency Hedging of International Portfolios.
6. Passive Currency Overlay.
7. Currency Overlay Benchmarks.
8. Overlaying Different Asset Classes.
9. Is the Currency Market Efficient?
10. Active Currency Overlay - Management Styles.
11. Active Currency Overlay - Evidence of Performance.
12. Implementing Currency Overlay.
13. Looking Ahead.
References/Useful Reading.
Appendix 1. Boundary Conditions for Forward Arbitrage.
