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Robin Bowerman

$A lows a reminder to review hedging

For Australian investors, currency risk is a real consideration – especially in times like these.

Robin BowermanContributor

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The impact of COVID-19 continues to be a global challenge. Very few aspects of our lives, whether professional or personal, have been spared. Governments across the world have been putting in place stimulus measures they hope will act as an economic vaccine and hasten recovery when we eventually get through the worst of it.

Neither the Australian share market nor our currency have been immune. The Australian dollar has continued on its downward trajectory over the last 12 months – worth a little over US60¢, an exchange rate that has not been seen since the global financial crisis in 2008.

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Robin Bowerman is head of market strategy at Vanguard Australia.

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    Original URL: https://www.afr.com/wealth/personal-finance/a-lows-a-reminder-to-review-hedging-20200402-p54gjt