Ep 424: Should you hedge your international share portfolio
From Investopoly by Stuart Wemyss & Campbell Wallace
September 1, 2026 · 32 min · Episode 424
About this episode
This episode discusses the implications of currency risk for international share portfolios and whether hedging is advisable.
Read Full Blog Here If you're following the case for going underweight Australian shares and leaning into global developed markets, you inherit a new question: what do you do about currency risk? Every international investment has two return drivers: the underlying market, and movements in the Australian dollar, and this episode is a clear-eyed guide to whether you should neutralise the second. Stuart explains what hedging actually does, why it never removes 100% of currency risk, and the sin...