ALTERNATIVE INVESTMENTS: MANAGED CURRENCIES

An invaluable analysis of the place of currencies in an investment portfolio or as a stand-alone investment. The book includes examinations of the core features and statistics of the FX market; the factors that influence foreign exchange rates; the structure of the FX market, including execution, regulatory issues and market participants; the contexts of foreign investment and internationally exposed portfolios; the rationale of currency as a stand-alone investment vehicle; the currency risk problematic; currency as an asset class; hedging and currency risk; performance measurement; and trading style analysis issues.