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.
Daniel W. Yohannes is an Ethiopian-American businessman and philanthropist who is currently the U.S. Ambassador to the Organization for Economic Cooperation and Development. He was nominated by President Barack Obama on September 11, 2013, and...