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Case
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Reference no. 9A97NC02
Simplified Chinese language
Published by: Ivey Publishing
Originally published in: 1997
Version: 1997-01-16
Length: 9 pages
Data source: Field research

Abstract

This is the simplified Chinese version of ''9A97N002''. The international investments program initiated in 1990 by the Ontario Teachers'' Pension Plan, Canada''s largest public pension fund, had created a large exposure to currency risk. Some successful tactical currency hedging activities in 1995 prompted management to pursue the possibility of a structured foreign currency hedging program. The issue before management was whether such a hedging program should be undertaken and what form it should take.

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Abstract

This is the simplified Chinese version of ''9A97N002''. The international investments program initiated in 1990 by the Ontario Teachers'' Pension Plan, Canada''s largest public pension fund, had created a large exposure to currency risk. Some successful tactical currency hedging activities in 1995 prompted management to pursue the possibility of a structured foreign currency hedging program. The issue before management was whether such a hedging program should be undertaken and what form it should take.

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