It’s a Misconception that Currency Hedging Is Necessarily Expensive
One of the most common myths about hedging foreign currencies is that it’s expensive. Misnomers persist about the cost associated with the financial contracts that are used to hedge foreign exchange exposures. While there may be a desire to hedge, some investors mistakenly believe the cost involved always puts them at a disadvantage.
Recently, Jeremy Schwartz, WisdomTree’s Director of Research, and Marc Chandler, global head of markets strategy at Brown Brothers Harriman, debunked this myth in a Financial Times letter to the editor…
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To access the “Currencies: money talks” article referenced above click here.
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