The Hidden Risk Factor


To achieve maximum returns consistent with an investor’s appetite for risk, the correct identification and estimation of all relevant risk factors in a portfolio are necessary. In this paper, we identify the role of foreign currency as an important risk factor from an international investor’s point of view.

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J. Witte, D. Ples and J. Corominas, "The Hidden Risk Factor," Journal of Mathematical Finance, Vol. 3 No. 3A, 2013, pp. 21-26. doi: 10.4236/jmf.2013.33A003.

Conflicts of Interest

The authors declare no conflicts of interest.


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