June 2, 2021
Time
1:00 p.m. BST | 2:00 p.m. CET
In this webinar, Christoph Schon, CFA, will demonstrate how a stress-testing framework can be used to support the decision whether to hedge one’s currency exposure when investing abroad, depending on expected returns and cross-asset correlations.
Christoph will look at different types of currencies (reserve, safe-haven, commodity, etc.) and identify their “typical” behaviours relative to stock markets. He will then suggest a range of different scenarios, based on various market regimes observed in the past 18 months, to quantify the potential impact of exchange-rate fluctuations on the realised returns of foreign investments in the United States, the Eurozone, and the United Kingdom.
Where recordings are made, these are a member benefit that are accessed through the member-only platform, CFA UK Discover.
Christoph V. Schon, CFA, CIPM
Senior Principal, Applied Research
Qontigo