overlay strategy การใช้

An effective currency overlay strategy set last year would have protected U . S . institutional investors against the rise of the dollar against the deutsche mark and yen in past months.
By using the overlay strategy, big U . S . institutional investors like corporate pension funds, state and local municipalities and police and teachers unions can avoid some of the risks of moving a growing percentage of their holdings offshore.
As for current overlay strategies, A . G . Bisset's Lindahl said that the firm's models suggest the dollar's rise against the yen has run its course, while the U . S . currency's gains against the mark are nearing and end.
"Currency overlay is a booming industry, absolutely vital for the continuation of overseas diversification of U . S . institutional investors, " said Ulf J . Lindahl, the chief investment officer at A . G . Bisset and Co ., based in Rowayton, Connecticut, a firm that specializes in developing currency overlay strategies.