EXCLUSIVE - Pension funds should allocate up to 30% of their portfolio to foreign exchange and view currency as an asset class similar to traditional assets such as equities and bonds, according to Deutsche Bank research exclusively revealed to Global Pensions.
“We are saying you should avoid unnecessary currency risk, but should be looking to target unconstrained currency returns,” said Bilal Hafeez, MD, global head of FX strategy at Deutsche Bank. Th...
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