currency hedging

Hedge Funds

When a currency hedge is not a hedge

Surprisingly little research has been done in the area of how a superannuation fund should hedge out its foreign currency exposure, says Robert Goodlad, former senior managing director of State Street Global Advisors. As superannuation funds continue to invest more internationally, it is vital that more research be conducted to find better solutions to manage […]
Investment Strategy

AUSCOAL joins trend towards active currency hedging

AUSCOAL Super has joined the growing number of funds adopting a dynamic active currency management program. State Street Global Advisors is to manage a dynamic currency hedging strategy for AUSCOAL Super’s $1.6 billion international equities portfolio, after it ran a passive overlay for the fund for the past seven years. Michael Berry, senior portfolio manager […]