Monday, March 10, 2008

 

Do Professional Currency Managers Beat the Benchmark?

By Momtchil Pojarliev, Hermes Investment Management Limited
and Richard M. Levich, New York University Stern School of Business, Finance Department

Investigates returns from 34 individual currency fund managers against returns of a professionally managed currency funds index. They examine the relationship of the returns against four factors representing returns based on carry trading, trend-following, value trading and currency volatility.

Download the full article

From the March 2008 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

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