International Diversification and the Currency Hedging Decision : The U. S. Perspective
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Von Händler/Antiquariat, BuySomeBooks [52360437], Las Vegas, NV, U.S.A.
Paperback. 76 pages. Dimensions: 8.7in. x 5.9in. x 0.2in.This book investigates how U. S. investors can benefit from international diversification and how currency hedging affects internationally diversified portfolios. Based on data from 2004-2010, international hedged and unhedged efficient frontiers are formatted. Two optimization processes are performed, using twenty national stock index portfolios and fifteen currencies. Moreover, three different hedging strategies are tested. The results show that hedging one individual country index portfolio leads in general to lower levels of standard deviation (risk), but also to lower level of excess returns. Furthermore, in the presence of short sales constraints, there is evidence that U. S. investors, who diversify their portfolios in developed and emerging markets simultaneously, should hedge their exchange rate exposure for low levels of risk, but not for higher levels of risk. When comparing the unitary hedging strategy to the Blacks universal hedging strategy, the unitary hedging strategy performs slightly better. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN.

Lieferung aus: Vereinigte Staaten von Amerika, Usually ships in 1-2 business days.
Von Händler/Antiquariat, super_star_seller.
This book investigates how U.S. investors can benefit from international diversification and how currency hedging affects internationally diversified portfolios. Based on data from 2004-2010, international hedged and unhedged efficient frontiers are formatted. Two optimization processes are performed, using twenty national stock index portfolios and fifteen currencies. Moreover, three different hedging strategies are tested. The results show that hedging one individual country index portfolio leads in general to lower levels of standard deviation (risk), but also to lower level of excess returns. Furthermore, in the presence of short sales constraints, there is evidence that U.S. investors, who diversify their portfolios in developed and emerging markets simultaneously, should hedge their exchange rate exposure for low levels of risk, but not for higher levels of risk. When comparing the unitary hedging strategy to the Black's universal hedging strategy, the unitary hedging strategy performs slightly better. Paperback, Label: VDM Verlag Dr. Müller, VDM Verlag Dr. Müller, Produktgruppe: Book, Publiziert: 2011-02-23, Studio: VDM Verlag Dr. Müller.

Lieferung aus: Vereinigtes Königreich Großbritannien und Nordirland, Usually dispatched within 1-2 business days.
Von Händler/Antiquariat, ShineWood.
This book investigates how U.S. investors can benefit from international diversification and how cur.... Paperback, Label: VDM Verlag Dr. Müller, VDM Verlag Dr. Müller, Produktgruppe: Book, Publiziert: 2011-02-23, Freigegeben: 2011-02-23, Studio: VDM Verlag Dr. Müller.

Lieferung aus: Vereinigte Staaten von Amerika, Lieferart: Free, Lieferung: Vereinigte Staaten von Amerika, Artikelstandort: USA, Versandkostenfrei.
Von Händler/Antiquariat, barnesandnobleinc - Barnes and Noble Store.
Sold directly by Barnes & Noble, Festpreisangebot.

Lieferung aus: Vereinigte Staaten von Amerika, zzgl. Versandkosten, Verandgebiet: DOM.
Von Händler/Antiquariat, PB Shop USA, NJ, Secaucus, [RE:4].
Softcover.