Lates News

The latest global fund manager survey from Bank of America showed that in July, the number of investors seeking to strengthen their hedge against a weakening US dollar has decreased. Approximately 33% of investors plan to increase their hedge against a fall in the dollar, lower than the 39% in June and 40% in May. The survey also showed that when asked about the proportion of their hedge against overseas exposure, 41% of investors said they do not plan to adjust their foreign exchange hedging strategy, compared to 32% in June.