Essays about: "Cecilia Alvarado-vargas"

Found 1 essay containing the words Cecilia Alvarado-vargas.

  1. 1. Forwards versus Options: Effectiveness in Hedging Currency Risk in International Portfolios

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Cecilia Alvarado-Vargas; Khwanchanok Kessakorn; [2013]
    Keywords : Currency Hedging; International Portfolios Diversification; Currency Forward Contracts; Currency Put Options.; Business and Economics;

    Abstract : This paper aims to examine effectiveness of currency hedging of forward contracts and options in international portfolio, consisting of assets denominated in Chinese Yuan and Indian Rupee. Instead of applying Markowitz’s portfolio optimization, mean-CVaR framework is used in order to deal with non-normality of return of financial assets as well as exchange rates. READ MORE