Clearly, in order to make sense of risk and opportunities offered in financial markets, clients will want to hire managers that are skilled, but opportunity is the other crucial component to investment success.
As investors can hardly assess (let alone avoid) the potential “pitfalls” of currency exposure, they should, instead, embrace the inherent benefits.
Why are investors still looking for yield to begin with, especially in light of the fact that equities have delivered more than stellar returns?