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- 2011-7-11
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- 2014-8-7
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Guys
Think of sources of return from GPE chapter. If you hedge the currency all you are doing is making your Currency Allocation Contribution is zero. This is to be on safe side since manager can concentrate on his core task of Market Allocation and Security Selection without worrying about currency . So you still have other sources of return to domestic portfloio Like MAC and SSC
I hope this explains your question. |
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