The Iong and short of it

Short Extension

Short-extension strategies are increasingly liked by investors and most definitely beloved of marketing departments. But are they worth it?

Andrea Angelone, head of the equity finance desk at JPMorgan's equity derivatives group, and Neil Taylor, executive director, equity finance, from JPMorgan, note that while launching into 130/30 - either from the pure hedge fund side of the fund management industry or the traditional long-only side - brings additional opportunities, those making the leap shou