Conjecture: Currencies

Click here to listen to this debate on demand Click here for Conjecture The direction of major currencies can have a profound impact on the returns investors make, but it is an area few really follow or few understand. Over time the major currencies revert to long time exchange rates but over the short term fluctuations can be both an asset and liability to investors. Conjecture will debate the outlook for 2012 and how it might impact returns. The Currencies panel included: Brian Hess - Portfolio Manager, Legg Mason subsidiary, Brandywine Global Philippe Bonnefoy - Chairman a...