It's a long time since I looked at this but my recollection is that, once upon a time, it was considered reasonable to not hedge equities and hedge fixed interest investments.
My understanding is that hedging costs have increase a lot recently.
(a) Is this correct?
(b) Is hedging fixed interest still valid?
My understanding is that hedging costs have increase a lot recently.
(a) Is this correct?
(b) Is hedging fixed interest still valid?