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Ontario Teachers' Pension Plan Board: Hedging Foreign Currency Exposure

G. Andrew Karolyi; Dean Tzembelicos

商品編號:9A97N002
出版日期:1997/02/19
再版日期:2002/10/28
商品來源:Ivey
商品主題:Finance; International Business
商品類型:Case (Field)
涵蓋議題:International Finance;Foreign Exchange
難易度:4 - Undergraduate/MBA
內容長度:15 頁
地域:Canada
產業:Holdings and other Investment Companies
事件年度:1996

The international investments program initiated in 1990 by the Ontario Teachers' Pension Plan, Canada's largest public pension fund, had created a large exposure to currency risk. Some successful tactical currency hedging activities in 1995 prompted management to pursue the possibility of a structured foreign currency hedging program. The issue before management was whether such a hedging program should be undertaken and what form it should take.

教學手冊:8A97N02
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