This article first appeared on Floating Path.
Morgan Stanley, in a research note, ranks the Hungarian Forint as the currency having the greatest geopolitical vulnerability. Also high in risk are the Turkish Lira, Indian Rupee, and South Korean Won.
The currencies they find to be the least exposed are the Canadian Dollar, Colombian Peso, and U.S. Dollar.
The ACAP Strategic Fund's managers see a "significant scarcity of attractive asset allocation choices globally," but also a strong environment for fundamental stock picking. Q2 2021 hedge fund letters, conferences and more According to a copy of the fund's second-quarter investor update, which ValueWalk has been able to review, its managers currently hold a balanced Read More