This is a summary of links featured on Quantocracy on Tuesday, 09/11/2018. To see our most recent links, visit the Quant Mashup. Read on readers!
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FX Risk, International ETFs and Asset Allocation [Allocate Smartly]In our previous post, we touched on FX rates and their impact on international ETFs like EFA or EEM. In short, because international ETFs trading in the US are denominated in USD, most are affected not just by changes in underlying assets, but also by changes in the exchange rate between USD and local currencies (1). This FX risk can have a huge impact on performance. That came as a surprise to