Index roundup

Index roundup

currency
FTSE mitigates currency risk

FTSE has launched a stable global currency unit aimed at providing protection from currency and inflation risk. Designed to minimise risk for investors and exhibit greater stability than any single currency, the FTSE Wealth Preservation Unit (WPU) aims to mitigate both risks of loss arising from changes in relative valuation in currencies, as well as internal loss from inflation erosion of purchasing power, in order to preserve wealth over the long-term. The WPU is constructed from a basket of

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