Currency selection(redirected from Curency Selections)
Asset allocation in which the investor chooses among investments denominated in different currencies.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An active management strategy for a portfolio or fund with a basic set of securities denominated in different currencies. The investor or money manager changes the securities represented in the portfolio or fund as changes to one's investment goals change. A currency selection strategy exposes the portfolio or fund to foreign exchange risk, but the money manager can also take advantage of changes to foreign currency values.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved