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Time to hedge one’s bets?

Investors have ample reason to seek out international diversification. But floating currencies represent a complication in that formula, particularly for a Canadian pension fund where the objective is to cover future obligations in Canadian dollars, or even for an individual who is saving for a retirement in Canada. Chief Economist, Avery Shenfeld, takes a deeper dive into hedging and the path for rates in view of the market volatility.
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