Currency Overlay 货币管理外包

The outsourcing of currency risk management to a specialist firm, known as the overlay manager. This is used in international investment portfolios to separate the management of currency risk from the asset allocation and security selection decisions of the investor's money managers.

将货币风险管理工作外包给专业机构。国际投资组合借此分割投资经理做出资产分配及证券决策的风险与货币风险

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