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“When foreign exchange is viewed as a separate unconstrained source of total returns, it should take a share in global portfolios, possibly comparable to those of bonds and equities” Bilal Hafeez, Deutsche Bank |
Deutsche Bank believes forex could help solve the global pension crisis.
In a research note entitled Currencies: pensions saviour? Hafeez says that although FX has often been viewed as an alternative asset class it should now be considered as comparable to bonds and equities.
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