Learn from the Super Fund
The NZ Super Fund is large. It invests heavily offshore. It hedges some currency risk, but not all. It has performed well. There are some lessons here to learn for all of us … Read Time to invest offshore
Entries for February, 2007
Seeking smoother earnings
History says that picking exchange rates is difficult. Hence a systematic approach to hedging fx risk is required … Read Taking Measured Bets
After the G7
The G7 meeting saw it as business as usual in Japan: the economy is growing but the BOJ will set policy on the basis of local forces and the markets will determine exchange rates. So why do I still feel nervous? … Read Still awaiting the BOJ decision
Will the past be repeated?
The threat of a higher NZ cash rate suggests a higher NZ dollar. The technical indicators suggest the opposite. Who will win out? … Read Looking for the patterns
