Accredited SAQ CWMA recertification training amounting to 1 hour of study.

Topic: Financial Markets

Subtopic: Foreign Exchange

Overview

Investors always seek diversifying opportunities, and today this search takes place in an environment of high equity valuations, low bond yields, and increasing interest rates in some locations. Geopolitical, trade, and other macro influences pose vulnerability to potential downside from taking on more capital market beta. The merits of dynamic currency investing as a source of macro diversification and positive real return are often underappreciated and underused. Amid new and alternative asset classes, dynamic currency management is a well-founded, liquid, and viable source of investment alpha.

Learning Outcomes

- Currency management to provide positive real returns leveraging the tendency for currencies to revert to fundamental value (PPP).
- Currency management take advantage of macro economic inefficiencies.
- Currencies provide macro diversification via low correlation with equities.

Format

This online video can be accessed at any time, up to the calendar year end if purchased in the first half of the year; or up the subsequent calendar year end if purchased in the second half of the year. 

In order to purchase this course CFA Society Switzerland members and guests must set up and login with a CFA Institute Id#.

Price

CHF 100 for non-members.

CHF 60 for members of CFA Society Switzerland.

Language

English