Investing offshore requires currency exposure. Currency impacts can wash out over time, but its tidal forces are strong and independent of a client's retirement time frame. Currency is both a risk and an investment opportunity.

Dori Levanoni, First Quadrant | 0.50 CE

The currency exposure embedded in foreign equity portfolios exposes portfolios to a great deal of noise. Used productively, the opportunity it represents can be captured as the ultimate "alternative asset".

Dori Levanoni, First Quadrant | 4 comments | 0.50 CE