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Croesus trust raises hedge as yen falls

Published Thu, Dec 18, 2014 · 09:50 PM

Singapore

CROESUS Retail Trust (CRT) has increased the amount of its distributable income hedged to about 100 per cent for the period up to Dec 31, 2015.

The move, which comes amid the weakening of the yen against the Singapore dollar, is aimed at mitigating forex risks to ensure steadier returns for investors.

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