hedging

Investment Strategy

Currency to crimp the master trusts’ comeback

The comeback of retail master trusts against industry funds in the performance stakes will face a headwind if the Australian dollar remains high, because their average strategic hedging level is much lower, according to data from Chant West Financial Services. “To the extent that anyone’s not 100 per cent hedged, they are suffering at the […]
Investment Strategy

Currency to crimp the master trusts’ comeback

The comeback of retail master trusts against industry funds in the performance stakes will face a headwind if the Australian dollar remains high, because their average strategic hedging level is much lower, according to data from Chant West Financial Services. “To the extent that anyone’s not 100 per cent hedged, they are suffering at the […]
Unintentional

The Great Currency Debate

Troy Rieck hates the word ‘unprecedented’. The managing director, Capital Markets, for Queensland Investment Corporation says that crises come along all the time. And, for the most part, Australia is, indeed, the lucky country. But what makes the crisis of the past 18 months different is not so much its severity – because it is […]
Unintentional

The Great Currency Debate

Troy Rieck hates the word ‘unprecedented’. The managing director, Capital Markets, for Queensland Investment Corporation says that crises come along all the time. And, for the most part, Australia is, indeed, the lucky country. But what makes the crisis of the past 18 months different is not so much its severity – because it is […]
Unintentional

The great currency debate

Many super funds had to write out big cheques last year. They needed to cover their currency hedging positions over international assets as the Aussie dollar tumbled from near parity with the US to around 60c at its low point. As a result, and notwithstanding a subsequent recovery in the $A, future defensive strategies are […]
Unintentional

The great currency debate

Many super funds had to write out big cheques last year. They needed to cover their currency hedging positions over international assets as the Aussie dollar tumbled from near parity with the US to around 60c at its low point. As a result, and notwithstanding a subsequent recovery in the $A, future defensive strategies are […]
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