U.K. investment bank Barclays Capital has rolled out two World FX investable indices providing investors with an exposure to carry-investing and trend-following strategies through a range of 25 currencies globally. The Barclays Capital World Carry Index aims at extracting carry across developed and emerging FX markets by picking currency pairs with an optimal carry-to-risk ratio and imposing a diversification rule to decrease concentration risk of any single currency.
The Barclays Capital World FX Trend Index recognizes and chooses currencies showing the most consistent trending patterns. The two indices seek to cut down drawdowns through risk control and diversification.
Click here for the release from Barclays Capital.