Cross-Hedging Portfolios in Emerging Stock Markets: Evidence for the LATIBEX Index

We consider alternative possibilities for hedging spot positions on the FTSE LATIBEX Index, the index of the only international market exclusively for Latin American firms that is denominated by the euro. Since there is not a futures market on the index, it is unclear whether a relatively successful...

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Bibliographic Details
Main Authors: Pablo Urtubia, Alfonso Novales, Andrés Mora-Valencia
Format: article
Language:EN
Published: MDPI AG 2021
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Online Access:https://doaj.org/article/21ae80647a074c20b9f4fcb6a87b6cc8
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