BNP Paribas and Overlay launch currency index

Jonathan Stapleton
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Overlay Asset Management and BNP Paribas Corporate and Investment Banking have teamed up to launch an index in a bid to help schemes preserve the purchasing power of currency allocations.

The BNPP/OAM Wealth Preservation Currency Index tracks the performance of the world's 15 largest currencies. Currency allocations are determined by GDP then adjusted according to purchasing power p...

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