You mean they have currency overlays?Why are the Norwegians speculating in FOREX?
That's standard in big pension funds. If your liabilities are in USD then it's relatively easy. If they are not, and your home currency is a minor currency, thinly traded, then you have to think about this fairly hard.
I assume they have a macroeconomic view, and they implement that via currency overlay.
Statistics: Posted by Valuethinker — Wed Nov 27, 2024 4:13 am