WisdomTree: Don’t Layer Currency Risk on Top of Equity Exposure
September 04, 2014 at 10:46 AM EDT
How many people think it is a smart idea to take their exposure to U.S. equities and layer on top of it—dollar for dollar—an additional exposure to the U.S. dollar? This type of layering of additional risk might be called a form of leverage, as an investor would be providing two sources of return...