美國投資者新選擇:對沖ADR上市!




**Cboe 將上市由 Precidian 開發的對沖 ADR**

紐約(路透社)— Precidian Investments 於星期一推出對沖美國存託憑證(ADR),美國投資者可以利用這些憑證購買外國上市股票,同時限制匯率波動的影響。

Precidian 是一家交易所交易基金的開發商,表示將在 Cboe 的美國股票交易所上市這些對沖 ADR。

投資者在購買海外公司的股票,包括 ADR,時會面臨美元與外幣之間的匯率波動。然而,Cboe 表示,通過將 ADR 與貨幣對沖結合為一種證券,投資者可以減少貨幣風險。

加拿大帝國商業銀行將是提供貨幣對沖的對手方。

「這對於美國投資者來說,真的是下一代的 ADR,」Cboe 全球 ETP 上市負責人 Rob Marrocco 告訴路透社。該產品將被稱為 ADRhedged。

Cboe 的美國股票交易所將初步上市阿斯利康(NASDAQ:AZN)ADRhedged、匯豐控股(NYSE:HSBC)ADRhedged 和殼牌(LON:SHEL)ADRhedged,並預計不久後將再增加14個。

Precidian 的創始合夥人 Stuart Thomas 告訴路透社,超過一萬億美元的 ADR 市場幾十年來一直需要一個對沖的替代方案。

Cboe 表示,隨著過去十年美元對大多數全球貨幣的升值,ADR 投資以美元計價的表現不佳,對沖 ADR 的推出正好應對這一問題。

「人們多年前就開始購買它們,但普通投資者一直無法獲得國際投資的貨幣對沖,」Thomas 說。「現在你有了另一套工具可供使用。」

**評論與分析**

這次推出的對沖 ADR 是一個有趣的創新,特別是考慮到匯率波動對美國投資者的影響。對於那些希望投資於外國市場但又擔心匯率風險的投資者來說,這無疑是一個有吸引力的選擇。Cboe 和 Precidian 的合作展示了金融產品如何不斷演變以滿足市場需求。

然而,這也提醒投資者,即使有這樣的工具,投資仍然涉及風險。對沖可能降低匯率風險,但不一定能完全消除其他投資風險,例如市場波動或公司特定的風險。因此,投資者在使用這類產品時應保持謹慎,並考慮自己的投資目標和風險承受能力。

從市場的反應來看,這種創新可能會引發其他金融機構推出類似產品,進一步豐富投資者的選擇。這也可能促使更多投資者關注國際市場,從而增加全球市場的流動性和互聯性。

以上文章由特價GPT API根據網上資料所翻譯及撰寫,過程中沒有任何人類參與 🙂

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