Capital guaranteed products on hedge funds have been extremely popular in the past five years with institutional and retail investors alike.
The fact that hedge funds are not regulated and they provide limited transparency to their investors are the primary reasons why some investors would still prefer to transfer the downside risk to a third-party bank. But is this protection worth it?
One can argue that a properly diversified portfolio of hedge funds spread across different investment strategie
The week on Risk.net, December 9–15 2017Receive this by email