Summary
FX hedging in secondaries funds comes with its own set of challenges, from understanding where currency risk sits across a portfolio to deciding how much to hedge and for how long.
In this webinar hosted by Markets Group, experts from Validus, Pantheon and Lloyds Banking Group discuss how managers are approaching these decisions in practice. The conversation covers how hedge ratios are set and monitored, the role of liquidity and hedging costs and what managers should consider when choosing counterparties and executing trades.
The panel also looks at some of the more complex areas of FX hedging in secondaries, including continuation vehicles, share-class hedging and how strategies may need to adapt as portfolios and market conditions change.
