1 April 2015
When thinking about investing in foreign markets what is the correct approach to foreign exchange risk – hedged or unhedged? In the design of the Quay Global Real Estate Fund we spent a lot of time considering this issue. In the end it came down to what we believe provides the least risk and allows the investors in the Quay Global Real Estate Fund the best opportunity to preserve capital through all cycles. The answer in our opinion was unhedged.
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