Deutsche advises FX-hedging on stock portfolios

The current low-interest rate environment in most countries means hedging those currencies' exposure is relatively cheap, says Christian Nolting, head of portfolio management and lead strategist at Deutsche Private Wealth Management in Singapore. As a result, the firm is trying to hedge where it can, to the extent of advising clients to be fully FX-hedged on their equity portfolios. But it works on a case-by-case basis. "You have to take into account the type of performance you expec…