UK asset managers overpaying $5bn in currency deals
Hedging costs 'an indirect tax', report warns
The report highlighted myriad reasons for the excessive hedging costs incurred by some funds
UK asset managers could be overpaying by some $5bn a year in their currency deals, a hidden cost that is passed on to the end investor, new research suggests.
A study of share class hedge returns by Lumint Corporation and New Change FX (NCFX) shows significant underperformance of hedged share classes. It found hedging could be costing the UK investment industry...
More on Investment
Back to Top
