"While the headwinds in commodity markets and mining investments could open up opportunities for other areas in Australia such as domestic manufacturing and service sectors," Alessio de Longis, portfolio manager at Oppenheimer Funds, believes the Aussie is "particularly vulnerable. He currently has no Aussie dollar exposure in his currency fund. Robert Fullem of Mizuho has similar concerns and points out the slowdown in the commodity sector will reappear, with the Aussie dipping on the back of it. So, he prefers to own the Canadian dollar and South African rand.
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