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As the OP said, 'synthetically'. If the stock ABC was, say, US-listed ADR of a european co. or eurozone ETF, then total return = return of asset + return of EUR vs.USD Pairing a EURUSD forward contract to that of a USD stock - in the same nominal amount - will synthetically produce the...

I'm not sure if you are looking to passively hedge against currency risk, or pursue what's termed an active currency overlay strategy (i.e. aim for positive returns on the FX element) Simplest and cheapest way to implement a passive currency hedge for a portfolio would be to utilise...

The NYBOT Dollar Index futures contract trades electronically on the ICE platform (www.theice.com), and futures and options still on the floor of NYBOT. DX is the floor symbol; on my platform the electronic symbol is IDX. Boy Plunger is right about the US hours profile. I trade a few...

IluvVol, I heartily agree with you based on my own buy & sellside experience, and speaking with FX pros in bank and academic research, bank prop desks, and - perhaps more pertinent to GaryN - retail platform providers.

Anyone here who has traded the Dollar Index options with any regularity? Alternatively, anyone who is a/has been a/knows NYBOT floor options mm's?

As most of the portfolio bond literature is written from a UK citizenship perspective, the terms 'onshore' and 'offshore' can be potentially misleading. Technically, the product for your circumstances would be an offshore portfolio bond, but the broker (i.e. an authorised distributor) could...

Beware of letting the tax tail wag the investment dog. There are two basic elements in investment planning: structure, and asset allocation. I noted the key points of these in my earlier replies. No, you do not need an offshore company to buy offshore funds. (In an earlier reply you...

GreenTreeFrog - The 'portfolio bond' product I mentioned in my preceding reply to wilburbear might also be appropriate for your tax strategy, as well as providing more convenient access to a greater range of investments globally, with the security of having those investments protected by...

My base is in HK. I have done some work in the past for U.S. citizens who were currently of non-resident status, but know little of current legitimate tax avoidance/deferral schemes for U.S. residents, i.e. tax-residents. For those expat Americans, (and I'm speaking of 10 years ago) I used an...

From my perch as a licensed investment adviser & asset manager who has handled these sorts of issues for offshore Aussies: 1. If you are likely to take up Australian residency again within 5 years, keep the holding structure reasonably simple ...it costs to unwind for eventual repatriation...

Look at a chart of cash DX during the cycle of Fed cuts that followed the Oct '98 liquidity 'crisis' ... Interest rate differentials are not primary driver in FX just now. Short-term behaviour can frequently be counterintuitive, as others state. Cuts responding to a crisis may attract more...

I've spent time on both buy and sellside in the HF world, including co-creating a 3PM business that pushed a new fund to over US$150mm in aum within a year during a bear market. Jessie and marketsurfer's words accurately reflect the reality of the business of moneyraising in this era...

Numbers are what brings your fund up on the screen initially. Audited returns required to back them up. Run comparisons with peer group and other metrics to rank the candidates. That's the 20%. Qualitative is the major element - Third-party checks/investigation on the principals' backgrounds...

Yes, I've read Market Wizards many times, and had an absorbing hour or so chatting to Jack Schwager a couple of years ago. I placed clients' money with Trout for several years in the late 90s. His approach, though, is rather the opposite of the generic 'hardcore' trader you describe...

Have to side with trade-ya1 in this debate. (I've been in both buy and sell side of the hedge fund industry since '98). $100m is off the radar screen for most institutional investors. Performance attributes at that level are rarely replicated even at, say, a 5x level of FUM. Typically, if you...

Failing the search task (typing "D E Shaw" into Google retrieves their site as the first result...what were you doing??) might raise a red flag about aiming for such lofty heights :) Seriously, why do you have D E Shaw in mind in particular? Economics theories aren't really useful there...