Foreign currency exposure and the hedging possibilities for pension funds
Article Abstract:
Foreign currencies' statistical relationship with other assets such as energy and metals was examined due to the growing exposure of pension funds to assets designated in foreign currencies. Results show that there is cointegration between currencies and other assets such as silver, gold, coffee and sugar which present opportunities for cross-hedging. However, assets that are less cointegrated such as livestock provide opportunities for diversification.
Publication Name: Managerial Finance
Subject: Business
ISSN: 0307-4358
Year: 1998
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Risk management practices of German firms
Article Abstract:
Risk management practices of non-financial German firms with no less than DM 400 million in 1997 sales were evaluated.
Publication Name: Managerial Finance
Subject: Business
ISSN: 0307-4358
Year: 2000
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