Currency Hedging Insights
Currency hedging presents a complex challenge for pension plans, often leading to a default 50/50 approach that lacks philosophical grounding. Evaluating the role of currency in a portfolio requires careful consideration of risk appetite and investment objectives, particularly during crisis periods where certain currencies act as natural diversifiers. Fixed income investments typically warrant hedging, while return-seeking assets like equities may benefit from remaining unhedged to leverage diversification opportunities.In this clip
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Capital Allocators – Inside the Institutional Investment Industry
Marlene Puffer – Canadian Pension Model at AIMCo (EP.337)
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