Academy
Intermediate3 lessons · 13 min
Currency Risk
Hedged vs unhedged is the single most underestimated decision in cross-border portfolios. This track gives you the framework to decide deliberately.
What you'll learn
- Decompose total return into asset return plus FX return
- Understand the cost and timing of hedging
- Match hedging policy to investor horizon and liability currency
- Spot the carry trade hidden inside hedge decisions
Lessons
Ready to test yourself?
Pass the exam for a GlobalWisor certificate.