Title
Currency Overlay,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
Currency overlay is the management of the currency exposure inherent in crossborder institutional investments. Exposure to foreign currencies increases the volatility of their returns, without increasing the returns themselves and academics and consultants recommended that the currency exposure should be stripped out of international portfolios and eliminated as far as practicable.This book provides a comprehensive description of currency overlay, its history and possible future developments and growth, the reason for its emergence, the debates and controversies, the different styles of currency management, and the industry's performance track record.This is a subject of international appeal and is an area of particular growth potential for institutional investors. Coverage includes: The theoretical case for eliminating currency risk in international portfolios The interplay between asset returns and currency returns, and the effect of this on hedging decisions Benchmarks their construction and strategic role Leastcost passive overlay The structure of the currency market, and its 'inefficiencies' Active overlay styles Active overlay both restricted and unrestricted (currency alpha) Uses diagrams, charts, tables and explanatory boxes to explain concepts
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages are in the Currency Overlay book? A: The Currency Overlay book contains three hundred twenty pages. It provides an in-depth exploration of currency exposure in cross-border investments.
- Q: What is the binding type of this book? A: The Currency Overlay book is a hardcover edition. This binding is known for its durability and premium appearance.
- Q: What are the dimensions of the Currency Overlay book? A: The dimensions of the Currency Overlay book are six point nine seven inches in length, zero point nine nine inches in width, and nine point nine eight inches in height. This size makes it suitable for easy handling.
- Q: Who is the author of Currency Overlay? A: The author of Currency Overlay is Neil Record. He is known for his expertise in currency management and institutional investment.
- Q: What topics does Currency Overlay cover? A: Currency Overlay discusses managing currency exposure, its historical context, and various management styles. It also examines the performance track record of currency management.
- Q: Is Currency Overlay suitable for beginners in finance? A: Yes, Currency Overlay is suitable for beginners. It provides foundational knowledge about currency management and its significance in international investing.
- Q: What style is recommended for reading Currency Overlay? A: Currency Overlay is best read in a focused environment to grasp the complex concepts. The diagrams and charts support easier understanding.
- Q: How can I effectively utilize the information in Currency Overlay? A: You can utilize the information in Currency Overlay by applying its insights to manage currency risks in your investment strategies. The book offers practical examples and case studies.
- Q: How should I store the Currency Overlay book? A: Store the Currency Overlay book upright on a shelf away from direct sunlight and moisture. This will help preserve its quality over time.
- Q: Is there a warranty for Currency Overlay? A: No, there is no warranty for the Currency Overlay book. However, it is a used book in good condition.
- Q: What should I do if Currency Overlay arrives damaged? A: If Currency Overlay arrives damaged, you should contact the seller for return or exchange options. Make sure to provide photos of the damage.
- Q: Can I return Currency Overlay if I’m not satisfied? A: Yes, you can return Currency Overlay if not satisfied, subject to the seller's return policy. Always check the specific return conditions before purchasing.
- Q: Does Currency Overlay discuss active overlay styles? A: Yes, Currency Overlay discusses both restricted and unrestricted active overlay styles. These styles are important for understanding different currency management approaches.
- Q: What are the key benefits of reading Currency Overlay? A: Reading Currency Overlay helps you understand the complexities of currency risk and its impact on investment returns. It equips you with strategies to mitigate currency exposure.
- Q: Are there any charts or diagrams in Currency Overlay? A: Yes, Currency Overlay includes diagrams, charts, and tables to explain concepts clearly. These visual aids enhance comprehension of the material.
- Q: Is Currency Overlay relevant for institutional investors? A: Yes, Currency Overlay is highly relevant for institutional investors. It addresses currency risk management, a crucial factor in cross-border investments.