The profits of carry

Carry trade

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Over the past decade, currency management has progressively shifted from being viewed as a source of risk to what many absolute investors have always believed - a source of sustainable and uncorrelated returns. As a result, institutional investors, as well as private individuals, are increasingly considering currency as an asset class in its own right. In response, the universe of currency managers has grown and so has the distinction between the classifications of their investment styles.

One of

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