Efficiency of Currency Asset Classes
Analyzing the risk and return for the S&P Currency Index Arbitrage and the Merk Absolute Return Currency Fund, this study intends to find whether currency asset classes are worthwhile investments. To determine where the efficient currency portfolios lie in the risk and return spectrum, this...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2013-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31957/351930?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| _version_ | 1797913082168606720 |
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| author | Mohammad R. Safarzadeh Fatemeh Ibrahimi Nazarian Ana Kristel C. Molina |
| author_facet | Mohammad R. Safarzadeh Fatemeh Ibrahimi Nazarian Ana Kristel C. Molina |
| author_sort | Mohammad R. Safarzadeh |
| collection | DOAJ |
| description | Analyzing the risk and return for the S&P Currency Index Arbitrage and the Merk Absolute Return Currency Fund, this study intends to find whether currency asset classes are worthwhile investments. To determine where the efficient currency portfolios lie in the risk and return spectrum, this paper compares the two portfolios to fixed income and equity asset portfolios. The results lead to a baffling conclusion that, in general, the returns to low-risk currency asset portfolios are higher than the equity asset portfolios of same risk level. |
| first_indexed | 2024-04-10T12:06:15Z |
| format | Article |
| id | doaj.art-bfce054f677e4fb7aee5eec096293e5b |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T12:06:15Z |
| publishDate | 2013-06-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-bfce054f677e4fb7aee5eec096293e5b2023-02-15T16:16:13ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382013-06-01325445581032Efficiency of Currency Asset ClassesMohammad R. SafarzadehFatemeh Ibrahimi NazarianAna Kristel C. MolinaAnalyzing the risk and return for the S&P Currency Index Arbitrage and the Merk Absolute Return Currency Fund, this study intends to find whether currency asset classes are worthwhile investments. To determine where the efficient currency portfolios lie in the risk and return spectrum, this paper compares the two portfolios to fixed income and equity asset portfolios. The results lead to a baffling conclusion that, in general, the returns to low-risk currency asset portfolios are higher than the equity asset portfolios of same risk level.https://dergipark.org.tr/tr/pub/ijefi/issue/31957/351930?publisher=http-www-cag-edu-tr-ilhan-ozturkcurrency asset class risk and return fund allocation efficient frontiers |
| spellingShingle | Mohammad R. Safarzadeh Fatemeh Ibrahimi Nazarian Ana Kristel C. Molina Efficiency of Currency Asset Classes International Journal of Economics and Financial Issues currency asset class risk and return fund allocation efficient frontiers |
| title | Efficiency of Currency Asset Classes |
| title_full | Efficiency of Currency Asset Classes |
| title_fullStr | Efficiency of Currency Asset Classes |
| title_full_unstemmed | Efficiency of Currency Asset Classes |
| title_short | Efficiency of Currency Asset Classes |
| title_sort | efficiency of currency asset classes |
| topic | currency asset class risk and return fund allocation efficient frontiers |
| url | https://dergipark.org.tr/tr/pub/ijefi/issue/31957/351930?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| work_keys_str_mv | AT mohammadrsafarzadeh efficiencyofcurrencyassetclasses AT fatemehibrahiminazarian efficiencyofcurrencyassetclasses AT anakristelcmolina efficiencyofcurrencyassetclasses |