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A good year for managers of currency-hedged ETFs

The US Fed's interest rate hike may mean the easy money in currency hedging has been made.

New York

AS the US dollar strengthened throughout 2015, managers of currency-hedging exchange-traded funds had a banner year - they collected one of every US$4 invested in US ETFs and rewarded their investors well.

Now, they are doubling down with plans for as many as 41 new...

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