Deutsche Bank has launched a set of indexes designed to capture returns generated by the apparent growing co-ordination of currency policy among Asian central banks. They are the first such indexes in the market.
The DB Asia Convergence Indexes simulate a market-neutral strategy that exploits what the German bank believes is an increase in correlation between Asian currencies in up to 12 markets. This trend towards an 'Asian monetary union' (AMU) is a result of the widespread use of trade-weighte
The week on Risk.net, November 17–24, 2017Receive this by email