问题如下:
Gerber also is preparing a more general discussion about domestic versus international portfolio management. In Gerber’s written report, Petit identifies three statements that she wants to check for accuracy.
Statement 1:Currency risk in global credit portfolios can be mitigated by using currency swaps or by investing in credits denominated in currencies that are pegged or tightly managed by the government.
Statement 2:Liquidity concerns for EM credits are mitigated by their frequency of trading and modest legal risk.
Statement 3:Sectors tend to perform similarly across regions.
Which of Gerber’s statements about international credit management is correct?
选项:
A.Statement 1
Statement 2
Statement 2
解释:
A is correct.
Global credit managers do use currency swaps and invest in pegged currencies to hedge foreign exchange exposures.
第三句什么意思