Investors turn to costly ‘all weather’ hedging strategies
Geopolitical and technology risks spur demand for multi-strategy QIS tail hedges
When Bank of America joined forces with BNY Investments Newton to launch a tail hedge strategy that provides dynamic exposure to a menu of quantitative indexes, some in the market scoffed.
Hedging strategies, after all, are meant to be cheap and simple.
A fund based on a similar product rolled out by BNP Paribas and Aberdeen Standard Investments in 2018, called Global Risk Mitigation, was liquidated
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