Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local ...

Using a novel data set on correlation swaps, we study the relation between correlation risk, hedge fund characteristics, and their risk-return profile. We find that the ability of hedge funds to ...

A new cash-settled futures contract connecting wheat from the export-intensive Black Sea region to the global market is off to a strong start, offering a platform to traders for risk management, ...

Under conditions of chronic exchange rate overshooting and mildly segmented capital markets, optimal currency denomination decision rules for international debt financing are derived for risk-neutral ...