These can lead to large interim losses. By contrast, we believe active hedging is a more effective approach towards managing currency translation risk as it allows skilful active managers to adjust a portfolioâs currency hedges as the macroeconomic environment changes, reducing cash flow demands for the investors.
The incumbent United States Ambassador to the United Nations is the honorable Susan Rice.
Bruce Heyman, New U.S. Ambassador To Canada, Confirmed. The U.S. Senate has confirmed Chicago investment banker Bruce Heyman as the country's next ambassador to Canada. WASHINGTON - The next U.S. ambassador to Canada has had his nomination confirmed nearly a year after President Barack Obama tapped him for the job.