Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

March 2007

Research: State Street warns against currency complacency

by Chloe Hayward, Lee Oliver

The search for yield has resulted in an increase in overseas investment. But according to a recent research note put out by State Street Global Advisors, fund managers might have been lulled into a false sense of security by the low volatility environment.


Citing data from the WM Company, State Street Global Advisors says the average UK pension fund has increased its exposure to international equities from 21.8% at the end of 1996 to 31% in December 2006. The implication is that currency management has assumed even greater importance....


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