A number of US pension funds are stepping up efforts to reduce foreign-currency risks in their international investments, as the soaring dollar extends its biggest gain against the currencies of its major trading partners in decades.
Asset Management
Soaring dollar prompts US pension funds to hedge FX exposure
A number of US pension funds are stepping up efforts to reduce foreign-currency risks in their international investments, as the soaring dollar extends its biggest gain against the currencies of its major trading partners in decades.